On December 1, Jasmin Ernst organized Ernst Consulting, On December 3, the owner contributed $82,890 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 Office equipment Land Accounts payable Common stock $ 15,140 Cash dividends 12,720 Consulting revenue 2,110 Rent expense 16,780 Salaries expense 46,010 Telephone expense 7,360 Miscellaneous expenses 82,890 $ 830 12,720 2,380 5,620 780 600 Also assume the following: a. The owner's initial investment consists of $36,880 cash and $46,010 in land in exchange for its common stock b. The company's $16,780 equipment purchase is paid in cash Cash paid to employees is $370. The accounts payable balance df $7,360 consists of the $2,110 office supplies purchase and d. The company's rent expense, telephone expense, and miscellaneous expenses are paid in cash e. No cash has yet been collected on the $12,720 consulting revenue earned Using the above Information prepare a December statement of cash flows for Ernst Consulting (Cash outflows should be indicated by a minus sign.) Statement of Cash Flows For Month Ended December 31 Cash flows from operating activities Cash received from customers $ $ 0 HALLALLA $ 0 Net cash provided by operating activities Cash flows from investing activities ces 0 Cash flows from financing activities 0 Cash balance, December 1 Cash balance, December 31 $ 0