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