Three individuals organized Pest Away Corporation on January 1 to provide insect extermination services. The company paid dividends of $11,500 during the year. At the end of the first year of operations, the following Income statement was prepared PEST AWAY CORPORATION Income Statement For the Year Ended December 31 Revenues Service Revenue Sales Revenue Total Revenues Expenses Suppli s Expense Salaries and Wages Expense Advertising Expense Office Expense Total Expenses Net Income $ 222,00 39,000 261.ee 83,500 48.000 23,500 53,500 288,588 $ 52,500 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? 3-8. If the company paid $20,900 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 $11,500 of dividends be reported on the balance sheet or statement of retained earnings? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Red 3A Reg 3B Reg 4