On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,010 in assets 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 Owner investments $14,890 Cash withdrawals by owner 12,820 Consulting revenue 2,290 Rent expense 45,960 Salaries expense 16,900 7,670 83,010 Telephone expense Miscellaneous expenses $ 930 12,820 2,530 5,780 790 610 ERNST CONSULTING Assets Cash Accounts receivable Office supplies Total revenues Income Statement As of December 31 $ 14,890 12,820 2,290 $ 30,000 0