dyed below) 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 Common stock 2.3.370 Dividends 22,370 Consulting fees earned 5,260 Rent expense 44,010 Salaries expense 20,020 Telephone expense 10,548 Miscellaneous expenses 102,100 $ 6,020 27,010 9,570 5,620 880 530 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 $10,410. HELP TODAY Statement of Retained Earnings For Month Ended August 31 Retained earnings, August 1 $ Add: Net income 0 10,410 10,410 6,020 Less: Dividends of 6 !!! Of August $ Cash Accounts receivable Office Supplies Land Office equipment Accounts payable Common stock 25,370 Dividends 22,370 Consulting fees earned 5,260 Rent expense 44,018 Salaries expense 20,020 Telephone expense 10,540 Miscellaneous expenses 102,100 56,020 27,010 9.570 5,620 880 530 Use the above information to prepare an August 31 balance sheet for Help Today. $ HELP TODAY Balance Sheet As of August 31 Liabilities: 25,370 Accounts payable 22.370 5,250 Equity 44,010 Common stock 20.020 Retained earnings Assets: Cash Accounts receivable office supplies Land Office equipment 10,540 102,100 4,390 Total equity 106.490 117.030 $ $ Total Assets 117,030