Using the information above, prepare an october statement of owner's equity for ernst consulting.

Required information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $84,200 in assets to launch the business. On October 31, the company's records show the following items and amounts. Cash $10,710 Cash withdrawals by owner $ 2,180 Accounts receivable 14, 160 Consulting revenue 14, 160 Office supplies 3,450 Rent expense 3,750 Land 46,030 Salaries expense 7, 160 Office equipment 18, 170 Telephone expense 780 Accounts payable 8,630 Miscellaneous expenses 600 Owner investments 84, 200 Exercise 1-16 Preparing a statement of owner's equity LO P2 Using the above information prepare an October statement of owner's equity for Ernst Consulting. ERNST CONSULTING Statement of Owner's Equity $