Required information Use the following information for Exercises 25-27 below. (Algo) [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 C. Camry, Withdrawals $ 6,020 Accounts receivable $ 25,370 22,370 5,260 Consulting revenue 27,010 Rent expense 9,570 office supplies Office equipment Land 20,020 Salaries expense 5,620 44,010 Telephone expense 880 Accounts payable 10,540 Miscellaneous expenses 530 C. Camry, Capital 102, 100 Exercise 2-25 (Algo) Preparing an income statement LO P1 Use the above information to prepare a December income statement for the business. HELP TODAY Income Statement 0 Exercise 2-26 (Algo) Preparing a statement of owner's equity LO P1 Use the above information to prepare a December statement of owner's equity for Help Today. The C. Camry, Capital account balance at December 1 was $0, and the owner invested $102,100 in the company on December 2. Hint: Net income for December is $10,410. HELP TODAY Statement of Owner's Equity C. Camry, Capital, December 1 0 0 $ Exercise 2-27 (Algo) Preparing a balance sheet LO P1 Use the above information to prepare a December 31 balance sheet for Help Today. Hint: The ending C. Camry, Capital account balance as of December 31 is $106,490. HELP TODAY Balance Sheet 0 $ 0 $