5 art 3 of 4 .28 ints Skipped 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 $82,650 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 Accounts receivable Cash dividends. Consulting revenue $ 15,200 $ 460 12,410 12,410 Office supplies 1,770 Rent expense 2,140 Office equipment 16,450 Salaries expense 5,300 Land 46,080 Telephone expense 750 eBook Accounts payable Common stock 6,060 Miscellaneous expenses 560 82,650 Hint Print References Use the above information to prepare a December 31 balance sheet for Ernst Consulting. ERNST CONSULTING Balance Sheet 0 5 Cash Accounts receivable 12,410 Office supplies 1,770 Rent expense Office equipment 16,450 Part 3 of 4 Land 46,080 Accounts payable 6,060 $ 15,200 Cash dividends Consulting revenue Salaries expense Miscellaneous expenses Telephone expense Common stock 82,650 14.28 points Skipped eBook Hint Print References $ 460 12,410 2,140 5,300 750 560 Use the above information to prepare a December 31 balance sheet for Ernst Consulting. ERNST CONSULTING Balance Sheet 0 0 0 0