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 $ 25,300 Dividends 22,310 Consulting revenue $ 5,940 26,940 5,190 Rent expense 9,490 19,940 Salaries expense 5,550 43,960 10,800 101,200 Telephone expense Miscellaneous expenses B00 460 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 $10,640. HELP TODAY Statement of Retained Earnings Retained eamings, December 1 $ 0 Add: Net income 10,640 10.640 Less: Dividends Total Assets (5,940) $ 4,700