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Required information Use the following information for Exercises 25-27 below. (Algo) [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. Exercise 2-26 (Algo) Preparing a statement of retained earnings LO P1 Use the above information to prepare a December statement of retained earnings for Help Today. The Retained Earnings account palance at December 1 was $0. Hint: Net income for December is $10,640. Exercise 2-26 (Algo) Preparing a statement of retained earnings LO P1 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 $10,640