20 Required Information [The following information applies to the questions displayed below) The accounting records of Nettie Distribution show the following assets and liabilities as of December 31, 2018 and 2019. December 31 Cash Accounts receivable office supplies Office equipment Trucks Building 2018 2019 6.300 $15.648 26,240 19,100 3,1601,960 44, 44, eee 148,00 157,00 0 80,000 0 60.000 3,500 33,500 40,000 Land L Accounts payable ote payable 2. Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 2019, the owner Invested $35.000 additional cash in the business (in exchange for common stock) and the company paid a $19.000 cash dividend. Equity, December 31, 2018 Equity, December 31, 2010