Sweet Catering completed the following selected transactions during May 2016: - May 1. Prepaid rent for three months, \$1,500 - May 5: Received and paid electricity bill, 590 - May 9: Recelved cash for meals served to customers, 53,150 - May 14: Paid cash for kitehen equipment, 53,970 - May 23: Served a banquet on account, \$2,390 - May 31: Made the adjusting entry for rent (from May 1). - May 31: Accrued salary expense, 53,520 - May 11: Recorded depreciation for May on kitchen equipment, 5210 If Simeve CMering had recorded trareactions using the Cash methoct, how mich net inconve (lass) would they have recorded for the moneh of May? If there is a loss enter it wath parencheses or a perative sign? would they have recortied for the month of May? at there is a loss, enter it with pacerthese or a nugatwe) Hen