The following information applies to the questions displayed below) On December 1, Jasmin Ernst organized Ernst Consulting On December 3, the owner contributed $82,890 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 Office equipment Land Accounts payable Common stock $15, 140 Cash dividends 12,728 Consulting revenue 2,110 Rent expense 16,780 Salaries expense 46,810 Telephone expense 7,360 Miscellaneous expenses 82,890 $ 830 12, 720 2,380 5, 620 780 600 Using the above information prepare a December income statement for the business. ERNST CONSULTING Income Statement For Month Ended December 31 Assets Cash Accounts receivable Liabilities Accounts payable 0