summarize the May transactions for Linda Repair

1. Stockholders invested $8,400 cash in exchange for common stock.

2. Purchased equipment for $4,200 cash.

3. Paid $336 cash for May office rent.

4. Paid $252 cash for supplies.

5. Incurred $210 advertising costs in the Beacon News on account.

6. Performed repair services for customers for $3,948 cash.

7. Paid a $588 cash dividend.

8. Paid part-time employee salaries of $840.

9. Paid utility bills of $118.

10. Performed repair services worth $924 on account.

11. Collected $100 cash for services billed in transaction

From analysis of the retained earnings columns, compute the net income or net loss of may

From an analysis of the Retained Earnings columns, compute the net income or net loss for May. Net for May