eet Catering completed the following selected transactions during May 2016: - May 5: Received and paid electricity bill, $110 - May 9: Received cash for meals served to customers, $3,320 - May 23: Served a banquet on account, $2,550 - May 31: Accrued salary expense, $660 - May 31: Recorded prepaid insurance expired, $390 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? If there is a loss, enter it with parentheses or a negative sign