The following information applies to the questions displayed below.$]$

On December $1,$ Jasmin Ernst organized Ernst Consulting. On December $3,$ the owner contributed $$82,780$ in assets to launch the business. On December $31,$ the company$$s records show the following items and amounts.

Cash $ $15,760$ Cash withdrawals by owner $ $640$

Accounts receivable $12,590$ Consulting revenue $12,590$

Office supplies $1,960$ Rent expense $2,270$

Land $46,030$ Salaries expense $5,450$

Office equipment $16,580$ Telephone expense $760$

Accounts payable $7,250$ Miscellaneous expenses $580$

Owner investments $82,780$