Iphone got wet? What can I do?

My phone got wet in the rain. I can still text and listen to music through headphone but it won't play out loud and when someone calls you, you can't hear them its like you didn't even get/make a call. Its in rice now but what else can i do? Do you think it will work after a few hours in rice? Please help i have to have that phone for a year still because i can't get a new one anytime soon.

Added (1). The ringtone works but the textone doesn't and neither does the music playing it out loud. I heard that if you reset it it might work? Is that true?

Added (2). The ringtone works but the textone doesn't and neither does the music playing it out loud. I heard that if you reset it it might work? Is that true?

Leave it in the rice overnight.

For 72 hours leave it in a bag of dry rice, same thing happened to my iphone 4

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