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, $160 - May 9: Received cash for meals served to customers, $800 - May 14: Paid cash for kitchen equipment, \$3,370 - May 23: Served a banquet on account, \$2,020 - May 31: Made the adjusting entry for rent (from May 1). - May 31: Accrued salary expense, $930 - May 31: Recorded depreciation for May on kitchen equipment, $110 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