Chapter 5 Homework Submit your answers in CANVAS before it is due Use the following to answer questions 1-5 For the next few weeks, the Ad Agency is offering a 12% trade discount when providing advertising services of $40,000 or more to its customers to encourage customers to buy more advertising. The Agency also offers 2/10, n30 on all credit sales. All credit sales are invoiced at the end of the month. The Agency provided the following services this month; amounts are shown before trade discounts have been deducted: Designs a $20,000 ad campaign for Customer A, on account, pays within 10 days Designs a $40,000 ad campaign for Customer B, on account, pays within 10 days Designs a $50,000 ad campaign for Customer C-on account, pays within 30 days Designs a $25,000 ad campaign for Customer D-received payment last month . 1. $ _ What amount of Service revenue should the Agency record for Customer A? 2. $ What amount of Service revenue should the Agency record for Customer B? 3. $ Customer B pays within 10 days, how much will they pay? 4. $ Determine the monthly Service revenue for the Agency 5. $ _Determine the Agency's Net service revenue for the month