during october, a firm had the following transactions involving revenue and expenses. (2pts.) paid $1,200 for rent; provided services for $2,750 in cash; paid $250 for telephone service provided services for $1,900 on credit; paid salaries of $1,675 to employees paid $350 for office cleaning service. did the firm earn a net income or incur a net loss for the period? and, what is the amount? there are two answers to this question.