Required information [The following information applies to the questions displayed below.] On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,110 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. Using the above information prepare a December income statement for the business. \begin{tabular}{|l|l|l|} \hline \multicolumn{3}{|c|}{ ERNST CONSULTING } \\ \hline \multicolumn{2}{|c|}{ Income Statement } \\ \hline \multicolumn{3}{|c|}{ For Month Ended December 31 } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}
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