On December $1,$ Jasmin Ernst organized Ernst Consulting. On December $3,$ the owner contributed $$84,580$ in assets to launch the business. On December $31,$ the companys records show the following items and amounts.Cash$ $9,390$Cash withdrawals by owner$ $2,650$Accounts receivable$16,020$Consulting revenue$16,020$Office supplies$3,830$Rent expense$4,190$Land$45,980$Salaries expense$7,570$Office equipment$18,550$Telephone expense$830$Accounts payable$9,060$Miscellaneous expenses$650$Owner investments$84,580$ Using the above information prepare a December income statement for the business.