Exercise $2-25($Algo$)$ Preparing an income statement LO P$1$ Use the above information to prepare a December income statement for the business.Use the above information to prepare a December $31$ balance sheet for Help Today. Hint. The ending Retained Earnings account balance as of December $31$ is $\backslash (\backslash$$ $4,180\backslash ).$Use the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account balance at December $1$ was $\backslash (\backslash$$ $0\backslash ).$ Hint: Net income for December is $\backslash (\backslash$$ $10,250\backslash ).$