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 $83,390 in assets to launch the business. On October 31, the company's records show the following items and amounts. $12,670 Cash dividends Cash Accounts recelvable $2,000 13,320 13,320 Consulting fees earned Rent expense Salaries expense Telephone expense Miscellaneous expenses Office supplies Land 2,720 45,910 17,350 7,970 83,390 2,950 6.290 830 640 Office equipment Accounts payable Common stock Using the above information prepare an October income statement for the business. ERNST CONSULTING Income Statement Revenues 0