CREATE TABLE table_48598 ("Res." TEXT, "Record" TEXT, "Opponent" TEXT, "Method" TEXT, "Event" TEXT, "Round" FLOAT, "Time" TEXT, "Location" TEXT)

What was the record when matt grice fought dennis bermudez with a time of 5:00?
SELECT "Record" FROM table_48598 WHERE "Time" = '5:00' AND "Opponent" = 'dennis bermudez'
SELECT "Record" FROM "table_48598" WHERE "Opponent" = 'dennis bermudez' AND "Time" = '5:00'