EF3-19 (similar to) Chefs Catering completed the following selected transactions during May 2024 O (Click the icon to view the transactions.) Read the Leguirements Amount of Revenue (Expense) for May Question Help Cash Basis Amount of Revenue (Expense) Accrual Basis Amount of Revenue (Expense) Date May 1 May 5 May 9 May 14 May 23 May 31 May 31 May 31 s s s (271 00) (300) 2,700 (4 , 500) rent salary depr s s s s s s 0 (300) 2,700 3,200 (700) (1 ,300) (75) Requirement 2. After completing the table; calculate the amount of net income or net loss for Chefs Catering under the accrual basis and cash basis accounting systems for May. (Use parentheses or a minus sign to indicate a loss.) Cash Basis Amount Net income (loss) Accrual Basis Amount Enter any number in the edit fields and then click Check Answer.