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Required Information Use the following Informaton for exerclse 18 to 21 LO p2 (Stotlc) [The following information applies to the questions displayed below] On December

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Required Information Use the following Informaton for exerclse 18 to 21 LO p2 (Stotlc) [The following information applies to the questions displayed below] On December 1, Jasmin Ernst organized Emst Consulting: on December 3 , the owner contributed $84,000 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. Exerclse 1-19 (Statlc) Preparing a statement of retalned earnings LO P2. Using the above information prepare a December statement of retained earnings for Ernst Consulting

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