The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2014 and 2015.

December 31		2014		2015
Cash	$	53,071	$	10,019
Accounts receivable		28,807		22,585
Office supplies		4,544		3,328
Office equipment		139,493		148,586
Trucks		54,585		63,585
Building		0		181,965
Land		0		45,408
Accounts payable		75,735		37,563
Note payable		0		127,373

Late in December 2015, the business purchased a small office building and land for $227,373. It paid $100,000 cash toward the purchase and a $127,373 note payable was signed for the balance. Mr. Nettle had to invest $34,000 cash in the business to enable it to pay the $100,000 cash. Mr. Nettle withdraws $3,100 cash per month for personal use.