Exercise $1-18$ Preparing an income statement P$2$

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. Use this information to prepare a December income statement for the business.

$\backslash$table$[[$Cash$,$$$11,360$