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 $83,660 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. Retained earnings, October 1 as $0. Cash $12,040 Cash dividends $1,760 Accounts receivable, 13,720 Consulting revenue 13,720 office supplies 2,990 Rent expense 3,210 Landi 45,940 Salaries expense 6,690 office equipment 17,710 Telephone expense 870 Accounts payable 8,230 Miscellaneous expenses 680 Common stock 83,660 Using the above information prepare an October income statement for the business. ERNST CONSULTING Income Statement oped Book Hint ferences Using the above information prepare an October income statement for the business. ERNST CONSULTING Income Statement 0