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0 Required information 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 Office equipment Accounts payable Common stock 25, 220 Dividends 22,250 Consulting fees earned 5,100 Rent expense 43,900 Salaries expense 19,870 Telephone expense 10,790 Miscellaneous expenses 100,500 $ 5,850 26,890 9,410 5, 470 710 400 Exercise 2-16 Preparing an income statement LO C3, P3 Use the above information to prepare an August income statement for the business Answer is not complete. HELP TODAY Income Statement & Answer is not complete. HELP TODAY Income Statement For Month Ended August 31 Consulting fees earned $ Expenses: Rent expense Salaries expense Telephone expense Miscellaneous expenses 9,410 5,470 710 400 Total Expenses 15,990