[The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $84,470 in assets in exchange for its common stock to launch the business. On December 31, the company's records show the following it and amounts. Cash $ 2,530 $ 9,750 15,620 3,710 Accounts receivable Office supplies Cash dividends Consulting revenue Rent expense 15,620 4,070 18,450 Salaries expense Office equipment Land 45,970 Telephone expense 7,450 810 630 Accounts payable 8,900 Miscellaneous expenses Common stock 84,470 Using the above information prepare a December income statement for the business. ERNST CONSULTING Income Statement For Month Ended December 31 Revenues Crp Salaries expense Rent expense F Next