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Paid $2,850 for advertising. Provided services for $2.550 in cash. Paid $750 for telephone service. Paid salaries of $2,350 to employees. Provided services for $2,750

Paid $2,850 for advertising. Provided services for $2.550 in cash. Paid $750 for telephone service. Paid salaries of $2,350 to employees. Provided services for $2,750 on credit. Paid $400 for office cleaning service. Did the firm earn a net income or incur a net loss for the period? What was the amount

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