Required information [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $84,200 in assets to launch the business. On October 31, the company's records show the following items and amounts. Cash $10,710 Cash withdrawals by owner $ 2,180 Accounts receivable 14,160 Consulting revenue 14,1601 Office supplies 3,450 Rent expense 3,750 Land 46,030 Salaries expense 7,160 Office equipment 18,170 Telephone expense 780 Accounts payable 8,630 Miscellaneous expenses 600 Owner investments 84,200