weet 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, $90 - May 9: Recelved cash for meals served to customers, \$3,150 - May 14: Paid cash for kitchen equipment, \$3,970 - May 23: Served a banquet on account, \$2,390 - May 31: Made the adjusting entry for rent (from May 1). - May 31: Accrued salary expense, \$3,520 - May 31: Recorded depreciation for May on kitchen equipment, $210 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 5 weet Catering had recorded transactions using the Accrual method, how much net income floss) would they have recorded for the month of Mayf if there is a loss, enter it with porentheses or a negative sign