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 office supplies Land office equipment Accounts payable Common stock $15,200 12,410 1,770 46,080 16,450 6,060 82,650 Cash dividenda Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 460 12,410 2,140 5,300 750 560 Using the above information prepare a December income statement for the business. ERNST CONSULTING Income Statement For Month Ended December 31 es 0