The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017 December 31 2016 2017 43,516 $6,595 18,519 2,729 114,379 121,835 53,758 0 149,204 37,233 30,800 86,437 Cash Accounts receivable 23,621 3,726 Office supplies Office equipment Trucks Building Land Accounts payable Note payable 44,758 62,100 NETTLE DISTRIBUTION Balance Sheet December 31, 2016 Assets Liabilities Equity Total equity Total assets 0 Total liabilities and equity NETTLE DISTRIBUTION Balance Sheet December 31, 2016 Assets Liabilities Equity Total equity Total assets 0 Total liabilities and equity Compute net income for 2017 by comparing total equity amounts for these two years and using the following information: During 017, the owner invested $35,000 additional cash in the business and withdrew $43,200 cash for personal use. Equity, December 31, 2016 quity, December 31, 2017 3. Compute the 2017 year-end debt ratio for the business. Debt Ratio Choose Numerator:I Choose Denominator: Debt Ratio Debt ratio