The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019.

December 31	2018			2019
Cash	$	52,408		$	9,782
Accounts receivable		28,448			22,303
Office supplies		4,487			3,287
Office equipment		137,752			146,732
Trucks		53,905			62,905
Building		0			179,694
Land		0			44,840
Accounts payable		74,790			37,094
Note payable		0			124,534

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 $37,200 cash dividend.