can you also show how you solved the problem.

Sweet Catering completed the following selected transactions during May 2016: May 1: Prepaid rent for three months, $1,800 May 5: Received and paid electricity bill, 5140 - May 9: Received cash for meals served to customers, 5210 . May 14: Paid cash for kitchen equipment, $2,600 . May 23: Served a banquet on account, $2,720 . May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $1,650 May 31: Recorded depreciation for May on kitchen equipment, S160 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. tincome oss) would they have recorded for the month of If Sweet Catering had recorded transactions using the Accrual method, how much May? If there is a loss, enter it with parentheses or a negative sign 380