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 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, 360 Dividends 22,360 Consulting revenue 5,250 Rent expense 20,000 Salaries expense 44,000 Telephone expense 19,500 Miscellaneous expenses 102,000 6,000 27,000 9,550 5,600 860 520 Use the above information to prepare a December 31 balance sheet for Help Today Answer is not complete. $ HELP TODAY Balance Sheet As of December 31 Liabilities: $ 25,360 Accounts payable 22,360 5,250 Equity 44,000 Common stock 20,000 Retained earnings Assets: Cash Accounts receivable Office supplies Land Office equipment 10,500 lolololo OOC > 102,000 4.470 Total equity $ 116.970 106.470 116,970 $