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, 2016 and 2017 $53, 260 10, 087 Cash Accounts receivable 28,910 22,666 office supplies office equipment 139,990 149, 116 4, 560 3,340 Trucks Building Land Accounts payable 76,005 37,697 Note payable 54,780 63, 780 0 182,613 45,569 0 128, 182 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 $33,000 additional cash in the business (in exchange for common s iavdenos stock) and the c KPrev 11 12 of 12 Next >