Cash $ 64,300 15,640 Accounts receivable 26,240 19,100 1,960 44,000 44,000 148,000 157,000 0 80,000 0 60,000 3,500 33,500 0 40,000 office supplies Office equipment Trucks Building Land Accounts payable Note payable 3,160 Problem 2-5A Part 2 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 $35,000 additional cash in the business and withdrew $19,000 cash for personal use. Equity, December 31, 2016 Equity. December 31, 2017