Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,200 in assets in exchange for its common stock to launch the business. On December 31, the company's records show the following items and amounts. Cash Accounts receivable Office supplies Office equipment Land Accounts payable Common stock Saved $10,710 Cash dividends Consulting revenue 14,600 3,450 18,170 Salaries expense Rent expense 46,030 Telephone expense 8,630 Miscellaneous expenses 84,200 ERNST CONSULTING Income Statement Using the above information prepare a December income statement for the business. $ 2,180 14,600 3,750 7,160 780 600 Help Save & Exit

Reguired information The following informution apples to the cuestions displyed below) On Dectember 1, Jasmin Emst organced Ernst Consuiting On Decembet 3, the owner contribued 595,200 in asvets in exchange for as common stexk to launch the business: On December 31 , ve compeny's tecords thow she following thems and amourts Using she sbove nfermation puepote socembec income slatement for the business