on April 1, Skysong, Inc. was established. These transactions were completed during the month. 1. Stockholders invested $29,200 cash in the company in exchange for common stock 2. Paid $640 cash for April office rent. 3. Purchased office equipment for $3,520 cash 4. Purchased $270 of advertising in the Chicago Tribune, on account. 5. Paid $600 cash for office supplies. 6. Performed services worth $11,700. Cash of $3,400 is received from customers, and the balance of $8,300 is billed to customers on account. 7. Paid $330 cash dividends. 8. Paid Chicago Tribune amount due in transaction (4) 9. Paid employees' salaries $1,010. 10. Received $8,300 in cash from customers billed previously in transaction (6). From an analysis of the Retained Earnings columns, compute the net income or net loss for April. (E number e.g.-45 or parentheses e.g. (45).) Net Income / (Loss) for April 20E