2016 2017 Cash Accounts receivable Office supplies 4,415 3,233 Office equipment 135,514 144,348 Trucks Building Land Accounts payable 73,575 36,491 Note payable s 51,557 $ 9,477 27,986 21,941 of 3 53,828 62,028 e 176,775 0 44,113 e 120,888 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 $34,000 additional cash in the business (in exchange for common stock) and the company paid $45,600 cash in dividends. nces 31, 2016 Next > K Prev 11 12 of 12E e to search