Required information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below.) On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $85,160 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. of 4 ts Cash Accounts receivable Office supplies Land office equipment Accounts payable Common stock $ 7,520 17.950 4,310 46,000 19,190 9,600 85,160 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses eBook $ 3, 190 17,950 4.720 8.220 900 710 Him Print References Exercise 1-15 Preparing an income statement LO P2 Required information Using the above information prepare an October income statement for the business. 4 ERNST CONSULTING Income Statement Book Hint Print eferences + 0