Getting a results rank in TSQL - sql-server

Question

I have a Stored Procedure that is getting submission entries from my database along with how much each entry has raised. I am trying to get the "Rank" of the submission based on the amount raised vs all other submissions.
The second return should be Rank 1 because it has a higher totalRaised amount than the first record which should be rank 2. Am I close??
My sp:
SELECT A.[id],
A.[petName],
A.[petCaption],
B.[petType],
C.[FirstName] as ownerFirstName,
C.[LastName] as ownerLastName,
D.[imageName],
(
SELECT CONVERT(varchar(20),sum(transactionAmount), 1) as totalRaised,
RANK() OVER (ORDER BY sum(transactionAmount) DESC) AS Rank
FROM petContestTransactions
WHERE submissionID = A.[id] and paymentType = 'donation'
FOR XML PATH ('transactionDetails'), TYPE, ELEMENTS
)
FROM petContestSubmissions as A
JOIN petContestTypes as B
ON A.[petType] = B.[id]
JOIN EmpTable as C
ON A.[empID] = C.EmpID
JOIN petContestImages as D
ON A.[image] = D.[submissionID]
JOIN petContestTransactions as E
ON E.[submissionID] = A.[id]
WHERE E.[transactionStatus] = 'completed' and E.[paymentType] = 'submission'
FOR XML PATH ('submission'), TYPE, ELEMENTS, ROOT ('root');
XML Returned:
<root>
<submission>
<id>1</id>
<petName>Nala</petName>
<petCaption>Shes a wonder pup!</petCaption>
<petType>Dog</petType>
<ownerFirstName>Carl</ownerFirstName>
<ownerLastName>H</ownerLastName>
<imageName>nalaHUS123.png</imageName>
<transactionDetails>
<totalRaised>130.00</totalRaised>
<Rank>1</Rank>
</transactionDetails>
</submission>
<submission>
<id>2</id>
<petName>Simba</petName>
<petCaption>Shes a wonder pup!</petCaption>
<petType>Cat</petType>
<ownerFirstName>Carl</ownerFirstName>
<ownerLastName>H</ownerLastName>
<imageName>simbaHUS123.png</imageName>
<transactionDetails>
<totalRaised>250.00</totalRaised>
<Rank>1</Rank>
</transactionDetails>
</submission>
</root>

Answer 1

SELECT A.[id],
A.[petName],
A.[petCaption],
B.[petType],
C.[FirstName] as ownerFirstName,
C.[LastName] as ownerLastName,
D.[imageName],
RANK() OVER (ORDER BY sum(F.totalRaised) DESC) AS Rank
FROM petContestSubmissions as A
JOIN petContestTypes as B
ON A.[petType] = B.[id]
JOIN EmpTable as C
ON A.[empID] = C.EmpID
JOIN petContestImages as D
ON A.[image] = D.[submissionID]
JOIN petContestTransactions as E
ON E.[submissionID] = A.[id]
OUTER APPLY
(
SELECT sum(transactionAmount) as totalRaised,
FROM petContestTransactions pt
WHERE pt.submissionID = A.[id] and pt.paymentType = 'donation'
) F
WHERE E.[transactionStatus] = 'completed' and E.[paymentType] = 'submission'
FOR XML PATH ('submission'), TYPE, ELEMENTS, ROOT ('root');
I use outer apply to get the totalRaised and then you can rank it directly.