Help Save & Et Submit Required information The following information applies to the questions displayed below) Flores Cooking School operations for the month of May are summarized in the following three transactions Provided $900 of instruction to students. . Of the $900 of instruction provided in May, $700 is collected in cash and an additional $525 is collected for lessons provided in April Paid an equipment rental bill of $375. Received May's bill of $425 but did not pay What is Flores Net Income for May using the cash basis of accounting! Mul Choice 11.000 3996 Help Save & E Submit . Of the $900 of instruction provided in May, $700 is collected in cash, and an additional $525 is collected for lessons provided in April. Paid on equipment rental bill of $375. Received May's bill of 5425 but did not pay. Whats Flores Net Income for May using the cash basis of accounting Mutine Choice O 51600 1525 10