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. Cash Accounts receivable Office supplies Office equipment Land Accounts payable Common stock $ 25,370 Dividends $ 6,020 22,370 Consulting revenue 27,010 5,260 Rent expense 9,570 20,020 Salaries expense 5,620 44,010 Telephone expense 880 10,540 Miscellaneous expenses 530 102,100 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 1 0 $ 0