Three individuals organized Pest Away Corporation on January 1 to provide insect extermination services. The company paid dividends of $11,000 during the year. At the end of the first year of operations, the following income statement was prepared: Revenues PEST AWAY CORPORATION Income Statement For the Year Ended December 31 Service Revenue Sales Revenue Total Revenues Expenses Supplies Expense Salaries and Wages Expense Advertising Expense office Expense Total Expenses Net Income Required: $ 212,000 34,000 246,000 81,000 43,000. 23,000 51,000 198,000 $ 48,000 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 $22,000 of its advertising expense during the current year, what amount is owed for advertising at the end of the year? 3-b. In what account would the amount still owing be reported? 4. Would the $11,000 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 Did the company generate more revenue from selling goods or providing services to customers? Selling goods Duitinn vandees in melamare