Help Save 2 2 of 3 Required information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $84,580 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. is eBook Hint Cash Accounts receivable Office supplies Land office equipment Accounts payable Common stock $ 9,390 16,020 3,830 45,980 18,550 9,060 84,580 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses Ask $ 2,650 16,020 4,199 7,570 830 650 Print eferences Exercise 1-16 Preparing a statement of retained earnings LO P2 E OD Online Learning - Educational Produc... (5) Measurement Ch 01 Ex 1-15, 16, 17 Served 2 Exercise 1-16 Preparing a statement of retained earnings LO P2 Part 2 of 3 Using the above information prepare an October statement of retained earnings for Ernst Consulting. 5 points ERNST CONSULTING Statement of Retained Earnings eBook Hint Ask Print References 2 3 (Mc Graw Hill E