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 $82,650 in assets to launch the business. On October 31, the company's records show the following items and amounts 5 Cash Accounts receivable office supplies Land office equipment Accounts payable Owner Investments $ 15,200 Cash withdrawals by owner 12,410 Consulting revenue 1,770 Rent expense 46.00 Salaries expense 16,450 Telephone expense 6,010 Miscellaneous expenses 52,650 460 12,410 2,140 5.300 750 560 Using the above information prepare an October income statement for the business ERNST CONSULTING Income Statement For Month Ended October 31 Revenue Consulting revenues Using the above information prepare an October income statement for the business. of 3 ERNST CONSULTING Income Statement For Month Ended October 31 Revenues Consulting revenues Expenses Salaries expense Rent expense Telephone expense Miscellaneous expenses 0 Net Income $ 2,810