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 selected accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Connon stock $ 25, 22e Dividends 22,250 Consulting fees earned 5,100 Rent expense 43,900 Salaries expense 19,870 Telephone expense 10,790 Miscellaneous expenses 100,500 $ 5,850 26,890 9,410 5,470 710 400 Exercise 2-17 Preparing a statement of retained earnings LO P3 Use the above information to prepare an August statement of retained earnings for Help Today, The Retained Earnings account balance at August 1 was $0. Hint. Net Income for August is $10,900. HELP TODAY Statement of Retained Earnings 0 0