Check my work Nutty Productions Inc. generated service revenue of $30,000 and income from operations of $10,000. The company estimates that, had it extended credit, it would have instead generated $60,000 of service revenue, but it would have incurred $25,000 of additional expenses for wages and bad debts. 1-a. Using these estimates, calculate the amount by which Income from Operations would increase (decrease). Income from Operations C by J 1-b. Should the company extend credit? Yes O NO