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, 260 Dividends 22,270 Consulting revenue 5,130 Rent expense 19,900 Salaries expense 43,930 Telephone expense 10,780 Miscellaneous expenses 100,800 $ 5,890 26,910 9,440 5,500 750 420 Jse the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account alance at December 1 was $0. Hint: Net income for December is $10,800. HELP TODAY Statement of Retained Earnings Retained earnings, December 1