Use the information in Exercise 1-15 to prepare an October statement of owner's equity for Ernst Consulting. 15. On October 1, Ebony Ernst organized Ernst Consulting on October 3, the owner contributed $84,000 in assets to launch the business. On October 31, the company's records show the following items and amounts. Use this information to prepare an October income statement for the business. $11,360 14,000 3,250 46,000 18,000 8,500 84,000 Cash Accounts receivable. Cash withdrawals by o Consulting revenue .. _ _ . . . . Salaries expense. Telephone expense. Miscellaneous expense Owner investments ..._.__. _ _