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, $130
• May 9: Received cash for meals served to customers, $830
• May 14: Paid cash for kitchen equipment, $2,500
• May 23: Served a banquet on account, $2,740
• May 31: Made the adjusting entry for rent (from May 1).
• May 31: Accrued salary expense, $300
• May 31: Recorded depreciation for May on kitchen equipment, $440

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. -3900

If Sweet Catering had recorded transactions using the Accrual 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.