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2. Use the expanded accounting equation to compute the missing financial statement amounts Company - Assets $ 76,000 = S 114 200 = Liabilities $ 25,000 $ 41,000 Common Stock - $ 38,000 - 5 $ 62,000 - Dividends 0 + + Revenues- - $ 42,000 - Expenses $ 17,000 $ 27,000 + The following information applies to the questions displayed below! On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,010 in assets to launch the business. On October 31, the company's records show the following items and amounts Cash Accounts receivable Omice supplies Land Office equipment Accounts payable Common stock $ 13,520 12.820 2.290 45.960 16.900 7.670 83,010 Cash dividends Consulting fees earned Rent expense Salones expense Telephone expense Miscellaneous expenses $ 2300 12.820 2.530 5.780 790 610 1.00 points Using the above information prepare an October income statement for the business. ERNST CONSULTING Income Statement Using the above information prepare an October statement of retained earnings for Ernst Consulting ERNST CONSULTING Statement of Retained Earnings Hints References eBook & Resources Hint #1 Check my work 1.00 points Using the above information prepare an October 31 balance sheet for Emst Consulting ERNST CONSULTING Balance Sheet