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(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 accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Dividends $ 25,240 Consulting fees earned 22,260 Rent expense 5.110 Salaries expense 43,920 Telephone expense 19,890 Miscellaneous expenses 10,740 Common stock 5,870 $ 26,900 9,420 5,490 730 410 100,700 Use the above information to prepare an August income statement for the business. HELP TODAY Income Statement For Month Ended August 31 $ Consulting fees earned Dividends 26,900 5,870 Total Revenues $ 32,770 Rent expense Salaries expense Telephone expense Miscellaneous expenses Office supplies (9,420) (5,490) (730) (140) (5,110) (20,890) Net income 8. Use the above information to prepare an August statement of retained earnings for Help Today. (The owner invested $100,700 cash in the company on August 1.) HELP TODAY Statement of Retained Earnings $ 8. Use the above information to prepare an August statement of retained earnings for Help Today. (The owner invested $100,700 cash in the company on August 1.) HELP TODAY Statement of Retained Earnings 0 Retained earnings, August 1 Retained earnings, August 31 Total Assets 0 Total Equity Total Liabilities 9. Use the above information to prepare an August 31 balance sheet for Help Today. (The owner invested $100,700 cash in the company on August 1 in exchange for common stock.) HELP TODAY Balance Sheet For the Month Ended August 31 Assets: Liabilities: Equity: Revenues: Expenses: $ 9. Use the above information to prepare an August 31 balance sheet for Help Today. (The owner invested $100,700 cash in the company on August 1 in exchange for common stock.) HELP TODAY Balance Sheet the Month Ended August 31 Accounts payable Accounts receivable Cash Common stock Consulting fees earned 0 $ 0 9. Use the above information to prepare an August 31 balance sheet for Help Today. (The owner invested $100,700 cash in the company on August 1 in exchange for common stock.) HELP TODAY Balance Sheet the Month Ended August 31 Land Miscellaneous expenses Office equipment Office supplies Rent expense 0 $ 0 9. Use the above information to prepare an August 31 balance sheet for Help Today. (The owner invested $100,700 cash in the company on August 1 in exchange for common stock.) Office supplies HELP TODAY Balance Sheet the Month Ended August 31 Rent expense Retained earnings Salaries expense Telephone expense