3 art 3 of 3 pints 02:06:46 Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $82,890 in assets in exchange for its common stock to launch the business. On December 31, the company's records show the following items and amounts. Cash $ 15,140 Accounts receivable 12,720 Cash dividends Consulting revenue $ 830 12,720 Office supplies 2,110 Rent expense 2,380 Office equipment 16,780 Salaries expense 5,620 Land 46,010 Telephone expense 780 Accounts payable 7,360 Miscellaneous expenses 600 Common stock 82,890 Use the above information to prepare a December 31 balance sheet for Ernst Consulting. ERNST CONSULTING Balance Sheet 0 0 0 0