[The following information applies to the questions displayed below.] On December 1. Jasmin Emst organized Emst Consulting. On December 3, the owner contributed $84,580 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. Using the above information prepare a December income statement for the business. [The following information applies to the questions displayed below.] On December 1. Jasmin Emst organized Emst Consulting. On December 3, the owner contributed $84,580 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. Using the above information prepare a December income statement for the business