Leftovers Company started year 1 with $360,000 in its cash and common stock accounts. During year 1, Leftovers Company paid $270,000 cash for employee compensation and $82,800 cash for materials. Required Determine the total amount of assets and the amount of expense shown on the year 1 financial statements assuming Leftovers used the labor and materials to make 1,500 chairs. Further, assume that the company sold 1,200 of the chairs it made. State the name of the expense account(s) shown on the income statement. Determine the total amount of assets and the amount of expense shown on the year 1 financial statements assuming Leftovers used the labor and materials to provide dental cleaning services to 500 patients. State the name of the expense account(s) shown on the income statement