Question: show work, answer both portion or problem Nutty Productions Incorporated generated service revenue of $48,000 and income from operations of $19,000. The company estimates that,

Nutty Productions Incorporated generated service revenue of $48,000 and income from operations of $19,000. The company estimates that, had it extended credit, it would have instead generated $87,000 of service revenue, but it would have incurred $34,000 of additional expenses for wages and bad debts. Required: 1-a. Using these estimates, calculate the amount by which Income from Operations would increase (decrease) 1-b. Should the company extend credit? Complete this question by entering your answers in the tabs below. Using these estimates, calculate the amount by which Income from Operations would increase (decrease). 1-a. Using these estimates, calculate the amount by which Income from Operations would increase (decrease) 1-b. Should the company extend credit? Complete this question by entering your answers in the tabs below. Should the company extend credit
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