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. Cash $ 8,600 Common stock 5 12,800 Accounts receivable 3,800 Dividends 2,300 Notes receivable 2,800 Consulting revenue 13,500 Office supplies 1,800 Rental revenue 890 Prepaid insurance 1,300 Salaries expense 3,300 Equipment 5,500 Rent expense 2,300 Accounts payable 2,260 Advertising expense 460 Notes payable 2,700 Utilities expense 260 Unearned revenue 360 Required: 1. Prepare a December income statement for the business 2. Prepare a December statement of retained earnings. The Retained Earnings account balance at December 1 was $0 3. Prepare a December 31 balance sheet. Hint: Use the Retained Earnings account balance calculated in part 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare a December income statement for the business METRDK Income Statement Next