[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 Dividends Consulting revenue $ 25,360 $ 6,000 22,360 27,000 Office supplies 5,250 Rent expense 9,550 Office equipment 20,000 Land 44,000 Accounts payable 10,500 Salaries expense Telephone expense Miscellaneous expenses 5,600 860 520 Common stock 102,000 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 $4,470. Answer is not complete. HELP TODAY Balance Sheet As of December 31 Assets: Cash Liabilities: $ 25,360 Accounts payable 10,500 Accounts receivable Office supplies 22,360 5,250 Total Liabilities 10,500 Land 44,000 Office equipment 20,000 Common stock 102,000 Retained earnings Total Equity 102,000 $ 116,970 Total Liabilities and Equity $ 112,500