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[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, 2018 and 2019. December 31 Cash Accounts receivable Office supplies office equipment Trucks Building Land Accounts payable Note payable 2018 2019 $ 44,557 $ 6,968 24,186 18,962 3,815 2,794 117,114 124, 749 45,828 54,828 0 152,772 0 38,123 63,585 31,536 0 90,895 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 $34,000 additional cash in the business (in exchange for common stock) and the company paid a $39,600 cash dividend 5 Equity, December 31, 2018 Add: Net income Add: Owner's Investment 0 Less: Dividends $ 0 Equity, December 31, 2019