The following information applies to the questions displayed below! On October 1, Ebony Ernst organized Ernst Consulting on October 3, the owner contributed $82,890 in assets in exchange for its common stock to launch the business, On October 31, the company's records show the following items and amounts $15, 140 10,500 Cash dividends Consulting revenue $ 830 10,500 Cash Accounts receivable Office supplies Land 2,110 46,010 16,780 2,380 5,620 Rent expense salaries expense Telephone expense Miscellaneous expenses 780 equipment Accounts payable Common Stock 600 7.360 82,890 Exercise 1-18 Preparing a statement of cash flows LO P2 Also assume the following: The owner's initial investment consists of $36.80 cash and $45,010 in land in exchange for its common stock. ts. The company's $1670 equipment purchase is paid in cash c. The accounts payable balance of $7,350 consists of the $2,190 office supplies purchase and $5,250 in employee Share yet to be paid The company's rent, telephone, and miscellaneous expenses we paid in cash No cash has been collected on the S10,500 consulting fees earned. Using the above information prepare an October statement of cash flows for Est Consulting Cashout should be indicated by a minus sign. ERNST CONSULTING Siement of Cash Flows Moncler Cannows from operwing activities Cash receive from me Cepuis for men