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Required information 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 $ 45,313 24,597 3,880 119,103 46,607 0 0 64,665 0 2019 $ 7,239 19,284 2,842 126,868 55,607 155, 367 38,769 32,072 94,136 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 $35,000 additional cash in the business (in exchange for common stock) and the company paid a $38,400 cash dividend. Equity, December 31, 2018 Equity, December 31, 2019