Sweet Catering completed the following selected transactions during May $2016$:

May $1$: Prepaid rent for three months, $$2,100$

May $5$: Received and paid electricity bill, $$210$

May $9$: Received cash for meals served to customers, $$3,850$

May $14$: Paid cash for kitchen equipment, $$3,000$

May $23$: Served a banquet on account, $$1,500$

May $31$: Made the adjusting entry for rent $($from May $1).$

May $31$: Accrued salary expense, $$530$

May $31$: Recorded depreciation for May on kitchen equipment, $$310$

If Sweet Catering had recorded transactions using the Cash method, how much net income $($loss$)$ would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign.

If Sweet Catering had recorded transactions using the Accrual method, how much net income $($loss$)$ woul they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign.