4. 1 of 3 eBook Print eferences The accounting records of Nettle Distribution show the following assets and liabilities as of December 31 for Year 1 and Year 2. December 31 Cash Accounts receivable Office supplies Year 1 $ 43,421 Year 2 $ 6,561 18,479 2,723 23,570 3,718 Office equipment 114,130 121,570 Trucks 44,661 53,661 Building 0 148,880 Land 0 37,151 Accounts payable Note payable 61,965 30,733 86,031 Required: 1. Prepare balance sheets for the business as of December 31 for Year 1 and for Year 2. Hint: Report only total equity on the balance sheet and remember that total equity equals the difference between assets and liabilities. Complete this question by entering your answers in the tabs below. Balance Sheet Balance Sheet Year 1 Year 2 Prepare the balance sheet for the business as of December 31 for Year 1. Hint: Report only total equity on the balance sheet and remember that total equity equals the difference between assets and liabilities. NETTLE DISTRIBUTION Ch