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 December 31 2016 2017 Cash $ 10,155 22,746 3,352 149,646 63,974 183,262 45,731 $53,449 29,013 4,577 140,487 54,974 Accounts receivable office supplies office equipment Trucks Building Land 0 Accounts payable Note payable 76,275 0 37,830 128,993 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 $34,000 additional cash in the business and withdrew $25,200 cash for personal use. Equity, December 31, 2016