! Required information [The following information applies to the questions displayed below On October 1, Ebony Ernst organized Ernst Consulting $82.780 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. on October 3, the owner contributed $15,760 Accounts receivable 10,600 1,960 46,030 16,580 7,250 82,780 Cash Cash dividends 640 Consulting revenue office suppllies Land Rent expense Salaries expense 10,600 2,270 5,450 Office equipment Accounts payable Common Stock Telephone expense Miscellaneous expenses 760 580 Using the above information prepare an October income statement for the business. ERNST CONSULTING Income Statement For Month Ended October 31 Revenues Consulting revenue