D

Dequilied inflormation and amounts

$\backslash$table$[[$Caib$,518,3H,$Crum alicipuets,$18$ men$],[$Aotrents rucaliratis,$19,434,$tamultim ryores,$12,0*1$

Required Information

$[$The following information applles to the questions displayed below.$]$

On December $1,$ Jasmin Ernst organized Ernst Consulting. On December $3,$ the owner contributed $$82,650$ 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.

$\backslash$table$[[$Cash$,$$ $15,200,$Cash dividends$],[$Accounts receivable,$12,410,$Consulting revenue$],[$Office supplies,$1,770,$Rent expense$],[$Office equipment,$16,450,$Salaries expense$],[$Land$,46,080,$Telephone expense$],[$Accounts payable,$6,060,$Miscellaneous expenses$],[$Common stock.,$82,650,]]$

$$460$

$12,410$

$2,140$

$5,360$

$750$

$560$

Using the above information prepare a December income statement for the business.

$\backslash$table$[[$ERNST CONSULTING$],[$Income Statement$],[],[,],[,],[],[],[,],[,],[,],[,],[,],[,],[,$