es Required information [The following information applies to the questions displayed below.] Lawson Consulting had the following accounts and amounts on December 31. $ 8,500 5,200 7,200 Rent expense 3,630 Wages expense 16,070 Cash Accounts receivable Equipment Accounts payable Common stock LAWSON CONSULTING Statement of Retained Earnings Dividends Services revenue $ Use the above information to prepare a December statement of retained earnings for Lawson Consulting. The Retained Earnings account balance at December 1 was $0. Hint. Net income for December is $3,400. $ 2,200 14,100 0 2,700 8,000