Question 2 Harry's room Shop started the year with tots assets of $70.000 tot 14.000 recorded $110,000 in revenues. $55.000 inexpenses and dividends of $20.000. The noted to Shop for the year was $65.000 $50.000 $55.000 $40,000 Question 3 3.25 pts When expenses are greater than revenues, which of the following is true? a net income results assets equal liabilities assets are increased a net loss results 3.25 pts Question 4