E3-1 Homewood Suites had the following selected transactions during January: Jan. 1 Prepaid rent for three months, $2.700. Paid electricity expenses. $400. Received cash for the day's room rentals. $1.400. 5 9 14 Paid cash for six television sets. $3.000. 23 Served a banquet, receiving a note receivable. $1.600. 31 Made the adjusting entry for rent (from Jan. 1). 31 Accrued salary expense. $900. Show how each transaction would be handled using the accrual basis. Give the amount of revenue or expense for January. Journal entries are not required. Use the following format for your answer, and show your computations: Amount of Revenue (Expense) for January Date Revenue or (Expense) Accrual-Basis Amount