Please help, not understanding.

Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Emst organized Ernst Consulting. On December 3, the owner contributed $85,160 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. Using the above information prepare a December income statement for the business. Using the above information prepare a December income statement for the business