On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,660 in assets to launch the business. On October 31, the company's records show the following items and amounts.

0 Required information [The following information applies to the questions displayed below] On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,660 in assets to launch the business. On October 31, the company's records show the following items and amounts. Cash $12,040 Cash withdrawals by owner $ 1,760 Accounts receivable 13 , 720 Consulting revenue 13 , 72 0 office supplies 2,990 Rent expense 3,210 Land 45,940 Salaries expense 6,690 office equipment 17 , 7 10 Telephone expense 870 Accounts payable 8 , 2 30 Miscellaneous expenses 68 0 Owner investments 83 , 660 Using the above information prepare an October statement of owner's equity for Ernst Consulting