Carmen Camry operates a consulting firm called Help Today, which began operations on December 1. On December 31, the company's records show the following selected accounts and amounts for the month of December. Cash Accounts receivable office supplies Office equipment Land Accounts payable Common stock $ 25,200 Dividends 22,240 Consulting revenue. 5,080 Rent expense 19,860 Salaries expense 43,890 Telephone expense 10,840 Miscellaneous expenses 100,300 $ 5,830 26,880 9,390 5,450 690 390 Exercise 2-26 (Algo) Preparing a statement of retained earnings LO P1 Use the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account balance at December 1 was $0. Hint: Net income for December is $10,960. HELP TODAY Statement of Retained Earnings Retained earnings, December 1 0 $ 0