Required information Use the following information for Exercises 25-27 below. (Static) [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 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 10,500 Miscellaneous expenses 102,000 6,000 27,000 9,550 5,600 860 520 Exercise 2-27 (Static) Preparing a balance sheet LO P1 Use the above information to prepare a December 31 balance sheet for Help Today, HELP TODAY Balance Sheet S: Alat Exercise 2-27 (Static) Preparing a balance sheet LO P1 Use the above information to prepare a December 31 balance sheet for Help Today. Assets: 1,050,000 Cash Accounts receivable Office supplies Land Office equipment HELP TODAY Balance Sheet As of December 31 Liabilities: $ 2,536,000 Accounts payable 2,236,000 Office equipment 525,000 4,400,000 2,000,000 Common stock Retained earnings Total equity $ 11,697,000 10,200,000 447,000 10,647,000 $ 11,697,000 Total Assets