ssessment 6 Saved Help Save 5418s REvenue Total Revenues 276, 000 Expenses Supplies Expense Salaries and Wages Expense Advertising Expense Office Expense 86,000 53,000 24,000 56,000 219,000 $ 57,000 Total Expenses Net Income Required: 1. Did the company generate more revenue from selling goods or providing services to customers? 2. If salaries and wages were to double, how much net income would the company report? 3-a. If the company paid $21,900 of its advertising expense during the current year, what amount is owed for advertising a the year? 3-b. In what account would the amount still owing be reported? 4. Would the $12,000 of dividends be reported on the balance sheet or statement of retained earnings? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 38 Req 4 In what account would the amount still owing be reported? Accounts Payable OAccounts Receivable Advertisement Outstanding Expense