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

Cash	$ 25,330	Dividends	$ 5,960
Accounts receivable	22,330	Consulting revenue	26,970
Office supplies	5,210	Rent expense	9,510
Office equipment	19,970	Salaries expense	5,580
Land	43,980	Telephone expense	840
Accounts payable	10,730	Miscellaneous expenses	490
Common stock	101,500

Use the above information to prepare a December 31 balance sheet for Help Today. Hint: The ending Retained Earnings account balance as of December 31 is $4,590.