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 $82,650 in assets to launch the business On October 31, the company's records show the following items and amounts Cash Accounts receivable office supplies Land office equipment Accounts payable Owner investments $15,200 12,410 1,770 46,080 16,450 660 82.650 Cash withdrawals by owner Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 460 12,410 2.140 5.300 750 560 Exercise 1-15 Preparing an income statement LO P2 Using the above information prepare an October income statement for the business ERNST CONSULTING Income Statement