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2 End of Chapter Assignments Help S The following information applies to the questions displayed below.] The accounting records of Nettle Distribution show the following

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2 End of Chapter Assignments Help S The following information applies to the questions displayed below.] The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017 Cash office supplies office equipment Trucks Building Land $43,894 6,731 23,826 18,680 2,753 115, 374 122,895 45,14854,148 150,582 0 37,554 62,640 31,068 0 88,056 3,758 2. Compute net income for 2017 by comparing total equity amounts for these two years and using the following information: During 2017, the owner invested $33,000 additional cash in the business and withdrew $24,000 cash for personal use 31, 2016 S 178,360 Decomber 31, 2017

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