The following information applies to the questions displayed below. Melody's Piano School operations for the month of May were limited to the following transactions: Provided $500 of piano lessons to students who paid in cash. Provided $380 of piano lessons on account. Collected $285 from students who took piano lessons during April. Paid April's piano rental bill of $175 . Received May's piano rental bill of $225 and set it aside for payment in June. value: 2.00 points What is Melody's Net Income for May using the cash basis of accounting? $610 O $840 O $655 O $285