Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed be'ow] On December 1. Jasmin Ernst organized Ernst Consuiting. On December 3, the owner contributed $84,000 in assets to launch the business. On December 31, the company's records show the following items and amounts. Exercise 1-18 (Static) Preparing an income statement LO P2 Using the above information prepare a December income statement for the business.