On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $82,780 in assets to launch the business On October 31, the company's records show the following items and amounts. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Owner investments $15,760 12,590 1,960 46,038 16,580 7,250 82,780 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 640 12,590 2,270 5,45e 760 588 Using the above information prepare an October Income statement for the business. ERNST CONSULTING Income Statement 0 CD Next