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. Dividends Cash Accounts receivable $ 25,350 22,340 $ 5,980 Consulting revenue 26,980 office supplies 5,230 Rent expense 9,530 office equipment 19,980 Salaries expense 5,590 Land 43,990 Telephone expense 850 Accounts payable 10,660 Miscellaneous expenses 500 Common stock 101,700 Use the above information to prepare a December income statement for the business. Revenues: Consulting revenue Total Revenues Expenses: Rent expense Salaries expense Telephone expense Miscellaneous expenses Total Expenses Net income O Answer is not complete. HELP TODAY Income Statement $ 26,980 $ 9,530 5,590 850 500 $ 26,980 16,470 $ 10,510