During October, a firm had the following transactions involving revenue and expenses. Paid $1,000 for rent for October Provided services for $2,350 in cash Paid $170 for the October telephone service Provided services for $1,500 on credit Paid salaries of $1,475 to employees Paid $270 for the monthly office cleaning service Calculate the net income or net loss for the period? ces K Prev 4 of 10 Next >