Use the following information for Exercises 16-18 below. [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following selected accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land $ 25,480 Dividends $ 6,140 22,520 Consulting fees earned 5,390 Rent expense 27,140 9,710 44,150 Salaries expense 5,730 20,170 Telephone expense 1,030 Accounts payable 12,020 Miscellaneous expenses 640 Common stock 101,800 Office equipment Exercise 2-17 Preparing a statement of retained earnings LO P3 Use the above information to prepare an August statement of retained earnings for Help Today Retained Earnings account balance at August 1 was $0. Hint: Net income for August is $10,030. HELP TODAY Statement of Retained Earnings For Month Ended August 31 0 0