my 8 Required information IThe following information applies to the questions displayed below The accounting records of Netle Distribution show the following assets and liablities as of Part 2 of 3 31, 2017 and 2018 10 points Cash Accounts receivable office supplies Office equipnent Trucks Building Land Accounts payable Note payable 64,3ee 15,646 26,24e 19,19e 1,966 44,000 44,e06 148,00e 157,0ee e 80,09 60,000 3,500 33,5e0 3,160 2. Compute net incom e for 2018 by comparing total rs and lowing information: During 2018, the owner invested $35,000 additional cash in the business (in exchange for common stock) and uwe company pald $19,000 cash in dividends omputation of 2018 equity increase: Equity, December 31, 2017 Add: O wner's investment dd: Net income 36,400 19,000 ess: Dividends