Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the companys records show the following accounts and amounts for the month of August.

Cash $ 25,430 Consulting fees earned $ 27,080

Accounts receivable 22,450 Rent expense 9,640

Office supplies 5,340 Salaries expense 5,680

Land 44,080 Telephone expense 970

Office equipment 20,100 Miscellaneous expenses 590

Accounts payable 10,480 Common stock 102,800

Dividends 6,080

Use the above information to prepare an August income statement for the HELP TODAY Income Statement