Connect ACCOUNTING ection Questions 11-13 (of 13) The following information applies to the questions displayed below] The accounting records of Nettle Distribution show the following assets and llablites as of December 31, 2014 and 2015. December 31 2014 2015 5061 9138 Accounts receivable 27472 21,538 Office supplies 4,334 Office equipment 133,028 141700 52.055 61,055 0 173,531 43,303 Accounts payable 72,225 35,822 Note payable 116,834 Late in December 2015, the business purchased a small off ce building and land for $216,834. It paid $100,000 cash toward the purchase and a S116,834 note payable was signed for the balance. Mr. Nettle had to invest $33.000 cash in the business (in exchange for common stock to enable it to pey the s10oooo cash. The business also pays $3.400 cash per month for dividends. 153 points