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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

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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 25,310 Dividends 22,320 Consulting revenue 5,200 Rent expense 19,960 Salaries expense 43,970 Telephone expense 10,700 Miscellaneous expenses 101,400 $ 5,950 26,960 9,500 5,560 820 470 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 $10,610. HELP TODAY Statement of Retained Earnings For Month Ended December 31 Retained earnings, December 1 0 $ 0

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