On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $85,050 In assets to launch the business. On October 31, the company's records show the following items and amounts. Cash Accounts recelvable Office suppliles Land Office equlpment Accounts payable Owner Investments $ 7,950 Cash withdrawals by owner 3,070 15,040 4,530 8,090 880 690 15,040 4,200 Rent expense 46,010 Salaries expense 19,060 Telephone expense 9,430 Miscellaneous expenses 85,050 Consulting fees earned