Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December $1.$ On December $31,$ Metrix shows the following selected accounts and amounts for the month of December.

$\backslash$table$[[$Cash$,$$$8,200,$Common stock,$],[$Accounts receivable,$3,600,$Dividends,$12,400],[$Notes receivable,$2,600,$Consulting revenue,$2,100],[$Office supplies,$1,600,$Rental revenue,$12,500],[$Prepaid insurance,$1,100,$Salaries expense,$600],[$Equipment$,4,500,$Rent expense,$3,100],[$Accounts payable,$1,220,$Advertising expense,$2,100],[$Notes payable,$2,500,$Utilities expense,$420],[$Unearned revenue,$320,,220]]$

Required:

Prepare a December income statement for the business.

Prepare a December statement of retained earnings. The Retained Earnings account balance at December $1$ was $$0.$

Prepare a December $31$ balance sheet. Hint: Use the Retained Earnings account balance calculated in part $2.$