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Nutty Productions Inc. generated service revenue of $48,000 and income from operations of $19,000. The company estimates that, had it extended credit it would have
Nutty Productions Inc. 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. 1-a. Using these estimates, calculate the amount by which Income from Operations would increase (decrease). INCOME FROM OPERATIONS INCREASES BY ?_____________
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