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 $ 25,410 Dividends $ 6,050 Accounts receivable 22,420 Consulting revenue 27,060 Office supplies 5,320 Rent expense 9,610 Office equipment 20,060 Salaries expense 5,650 Land 44,050 Telephone expense 940 Accounts payable Common stock 10,510 Miscellaneous expenses 102,500 560 Use the above information to prepare a December income statement for the business. HELP TODAY Income Statement ! 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 Consulting revenue $ 25,410 Dividends $ 6,050 22,420 27,060 Office supplies 5,320 Rent expense 9,610 Office equipment 20,060 Salaries expense 5,650 Land 44,050 Telephone expense 940 Accounts payable 10,510 Miscellaneous expenses 560 Common stock 102,500 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 $10,300. HELP TODAY Statement of Retained Earnings Retained earnings, December 1