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. Exercise 2-25 (Algo) Preparing an income statement LO P1 Use the above information to prepare a December income statement for the business. 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. 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 Retained Earnings account balance as of December 31 is $4,390. 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. xercise 2-26 (Algo) Preparing a statement of retained earnings LO P1 se the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account lance at December 1 was $0. Hint: Net income for December is $10,410