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 $ 8,400 Accounts receivable 3,700 Common stock Dividends $ 12,400 2,200 Notes receivable 2,700 Consulting revenue 13,000 office supplies 1,700 Rental revenue 700 Prepaid insurance 1,200 Salaries expense 3,200 Equipment 5,000 Rent expense 2,200 Accounts payable 1,940 Advertising expense Notes payable 2,600 Utilities expense. 440 240 Unearned revenue 340 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 ti