1 Complete question by entering answers in tabs

Nutty Productions incorporated generated service revenue of $60,000 and income from operations of $25,000. The company estimates that, had it extended credit it would have instead generated $105,000 of service revenue, but it would have incurred $40,000 of additional expenses for wages and bad debts. Required: 1-0. 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-b. Should the company extend credit? Complete this question by entering your answers in the tabs below. Should the company extend credit