of 3 Required information [The following information applies to the questions displayed below] Carmen Camry operates a consulting firm called Help Today, which began operations on December 1. On December 31, the company's records show the following selected accounts and amounts for the month of December. Cashi Accounts receivable 5413 office supplies office equipment Land Accounts payable Common stock $ 25,370 22,370 Dividends $ 6,020 5,260 Consulting revenue Rent expense 27,010 9,570 20,020 Salaries expense 44,010 Telephone expense 5,620 880 10,540 Miscellaneous expenses 102,100 530 Use the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account balance at December 1 was $0. Hint: Net income for December is $10,410. HELP TODAY Statement of Retained Earnings Retained earnings, December 11 Add: Net income 0 10,410 10,410 Less: Dividends 6,130 Retained earnings, December 31 $ 4,280