Cash $ 11,000 Accounts receivable Notes receivable Office supplies 5,000 4,000 Common stock Dividends Consulting revenue $ 17,600 3,500 19,500 3,000 Rental revenue 2,000 Prepaid insurance 2,500 Salaries expense 4,500 Equipment 11,500 Rent expense 3,500 Accounts payable 6,100 Advertising expense Notes payable 3,900 Utilities expense 700 500 Unearned revenue 600 Required: 1. Prepare a December income statement for the business. 2. Prepare a December statement of retained earnings. The Retained Earnings account balance at December 1 was $0. 3. Prepare a December 31 balance sheet. Hint: Use the Retained Earnings account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a December income statement for the business. METRIX Income Statement For Month Ended December 31 0