can someone help with answer and write some explanation? Thank you

Required information Use the following information for exercise 18 to 21 LO P2 (Static) [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting; on December 3, the owner contributed $84,000 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. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock $11,360 14,000 3,250 46,000 18,000 8,500 84,000 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses $ 2,000 14,000 3,550 7,000 760 580 Using the above information prepare a December income statement for the business. X Answer is not complete. ERNST CONSULTING Income Statement For Month Ended December 31 Revenues Land X $ 46,000 Consulting revenue 14,000 2,000 Cash dividends Total revenues $ 62,000 580 Expenses Miscellaneous expenses Telephone expense Salaries expense 760 7,000 Rent expense Common stock 3,550 2,000 X 11,360 X Land Total expenses 25,250