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How do I find the net income in this problem? 6 The accounting records of Nettle Distribution show the following assets and liabilities as of

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How do I find the net income in this problem?

6 The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2017 and 2018. Dicorber 31 2018 cash Accounts receivable Office suppltes Office equipnent s 43,232 % 5,493 23,467 18,398 Part 2 of 3 113,633121,843 44,46653,466 148,233 3,999 61,6953,599 B5,223 Building 1.42 ponts accounts payable Note payable eBook Print Refrinces 2. Compute net income for 2018 by camparing total oquity amounts for these two years and using the following information: During 2018, the owner invested $34OO additional cash in the business (in echange for common stock) and the eompeny paid S43200 cash in dividends. n of 2018 equity increase $ 166,806 Eqity, Decomber 31, 201 Add Owners 200 806 ess: Dividends S 157605 Equity Docember 31, 2018 6 The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2017 and 2018. Dicorber 31 2018 cash Accounts receivable Office suppltes Office equipnent s 43,232 % 5,493 23,467 18,398 Part 2 of 3 113,633121,843 44,46653,466 148,233 3,999 61,6953,599 B5,223 Building 1.42 ponts accounts payable Note payable eBook Print Refrinces 2. Compute net income for 2018 by camparing total oquity amounts for these two years and using the following information: During 2018, the owner invested $34OO additional cash in the business (in echange for common stock) and the eompeny paid S43200 cash in dividends. n of 2018 equity increase $ 166,806 Eqity, Decomber 31, 201 Add Owners 200 806 ess: Dividends S 157605 Equity Docember 31, 2018

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