Required information [The following information applies to the questions displayed below.) Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following accounts and amounts for the month of August. Cash Accounts receivable office supplies Land office equipment Accounts payable Dividends $ 25,480 Consulting fees earned 22,520 Rent expense 5,390 Salaries expense 44,150 Telephone expense 20, 170 Miscellaneous expenses 12,020 Common stock 6,140 $ 27,140 9,710 5,730 1,030 640 101,800 Use the above information to prepare an August income statement for the business Use the above information to prepare an August statement of retained earnings for Help Today. (Hint: Net income for August is $10,030.) HELP TODAY Statement of Retained Earnings For Month Ended August 31 Retained earnings. August 1 Tences 0 $ 0