Seved Required information The following information applies to the questions displayed below.) On December 1, Jasmin Emst organized Ernst Consulting, on December 3, the owner contributed $84.920 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 Land office equipment Accounts payable Common stock $ 8,450 16,950 4,080 46,020 18,860 9,280 84,920 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Hiscellaneous expenses $ 2,930 16,95 4,420 7,900 860 680 the above information prepare a December income statement for the business ERNST CONSULTING Income Statement