Corporations - Personal Microsoft https://act personerog.com/activity/5/1/3 Sweet Catering completed the following selected transactions during May 2016: May 1: Prepaid rent for three months, $2,700 . May 5: Received and paid electricity bill, 5120 May 9: Received cash for methis served to customers, $2,450 May 14: Paid cash for kitchen equipment, $2,260 May 23: Served a banquet of account, $2,210 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, 5930 May 31: Recorded depreciation for May on kitchen equipment, $200 If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign if Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May there is a loss, enter it with parentheses or a negative sign