Required information Use the following information for Exercises 16-18 below. [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 selected accounts and amounts for the month of August. $ Cash Accounts receivable office supplies Land Office equipment Accounts payable Common stock 25,200 Dividends 22,240 Consulting fees earned 5.080 Rent expense 43,890 Salaries expense 19,860 Telephone expense 10,840 Miscellaneous expenses 100,300 $ 5,830 26,880 9,390 5,450 690 390 Exercise 2-16 Preparing an income statement LO C3, P3 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement s 0