Sweet Catering completed the following selected transactions during May 2016: May 1: Prepaid rent for three months. $2, 700 May 5: Received and paid electricity bill. $200 May 9: Received cash for meals served to customers, $3, 730 May 14: Paid cash for kitchen equipment. S3.600 May 23: Served a banquet on the account. $2, 600 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense. $1, 510 May 31: Recorded depreciation for May on kitchen equipment. $150 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) would they have recorded for the month of May? If there is a loss, enter It with parentheses or a negative sign