The following 5 transactions occurred for Jackson Properties, Inc. during March 2023. Assume it is the end of March. Using the table below, calculate Jackson's net income (or net loss) for the month of March under cash-basis accounting and under accrual-basis accounting. If there is no impact for a transaction, you can leave the cell blank or put $0. For an expense, please specifically use a negative (-) sign or put the expense in (parentheses/brackets). Jackson prepaid $1,800 cash for a 6-month insurance policy. Accepted $1,200 of advance payments from customers for services to be provided in March and April. At the end of March, $900 of services were performed. March 1 March 8 March 15 March 20 March 30 Billed customers for $1,500 services provided in March. Payment was received in June. Purchased $500 of supplies on credit from Target $100 dollars of supplies were left at the end of March. Received, but did not pay, the March utility bill of $150. Payment was made in April. Date March 1 March 8 March 15 Cash-Basis Accounting Accrual-Basis Accounting