On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $84,310 for its common stock to launch the business. On October 31, the company's records show the followi amounts. $10,280 15,200 3,550 Cash Accounts receivable Office supplies Land office equipment Accounts payable Common Stock Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 2,340 15,200 3,910 7,350 790 610 45,990 18,310 0 Using the above information prepare an October statement of retained earnings for Ernst Consulting ERNST CONSULTING Statement of Retained Earnings For Month Ended October 31 Retained earnings Oct Aao Net income of 31 H N