Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following accounts and amounts for the month of August. Cash Accounts receivable office supplies Land Office equipment Accounts Dividends $25,360 Consulting fees earned 27,000 9,550 5,600 860 S20 102,000 22,360 Rent expense 5,250 Salaries expense 44,000 Telephone expense 20,000 Miscellaneous expenses 10,500 Common stock payable 6,000 Exercise 2-16 Preparing an income statement LO C3, P3 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement