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Required information The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital

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The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital investment of $75,000 (Transaction 1).

Assets = Liab. + Owner's Equity
Transaction Cash Accts. Rec. Supp. Equip. Accts. Pay. G. Sawyer, Capital Rev. Exp.
1 +75,000 +75,000
2 8,800 +8,800
3 +5,800 +5,800
4 +4,280 +4,280
5 3,800 3,800
6 + 730 730
7 3,000 3,000
8 510 +510
Bal 59,620 + 5,070 + 510 + 13,080 = 4,280 + 72,000 + 5,800 3,800

What was the net income or net loss for Sawyer Architecture Services for the month of June?

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