Carmen Camry operates a consulting firm called Help Today, which began operations on December 1. On December 31, the companys records show the following accounts and amounts for the month of December. Use this information to prepare a December income statement for the business. Help Today Income Statement For Month Ended December 31 Revenue Expenses Total Expenses Net Income (Loss)

Help Today
Income Statement
For Month Ended December 31
Revenue
Expenses
Total Expenses
Net Income (Loss)

\begin{tabular}{lrlrlr} \hline Cash & $25,360 & Accounts payable & $10,500 & Salaries expense & $5,600 \\ Accounts receivable & 22,360 & Common Stock & 102,000 & Telephone expense & 860 \\ Office supplies & 5,250 & Dividends & 6,000 & Miscellaneous expenses & 520 \\ Office equipment & 20,000 & Consulting revenue & 27,000 & \\ Land & 44,000 & Rent expense & 9,550 & \end{tabular}