$[$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 $ $25,360$ Dividends $ $6,000$

Accounts receivable $22,360$ Consulting revenue $27,000$

Office supplies $5,250$ Rent expense $9,550$

Office equipment $20,000$ Salaries expense $5,600$

Land $44,000$ Telephone expense $860$

Accounts payable $10,500$ Miscellaneous expenses $520$

Common stock $102,000$

Use the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account balance at December $1$ was $$0.$ Hint: Net income for December is $$10,470.\backslash$table$[[$HELP TODAY$],[$Statement of Retained Earnings$],[$Retained earnings, December $1,,$$$,0],[$Add: Net income,,,$10,470],[,$grad,,$0],[,,,10,470],[$Less: Dividends,,,$(6,000)$