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 $ 25,450 Dividends $ 6,120 Accounts receivable 22,490 Consulting revenue 27,110 office supplies 5,370 Rent expense 9,680 office equipment Land Accounts payable Common stock 20,140 Salaries expense 44,120 Telephone expense 10,460 Miscellaneous expenses 103,100 5,700 990 610 Exercise 2-25 (Algo) Preparing an income statement LO P1 Use the above information to prepare a December income statement for the business. Revenues: HELP TODAY Income Statement For Month Ended December 311 Engineering fees earned Expenses Rent expense Salaries expense Telephone expense Miscellaneous expenses Net income