The accounting records of Nettle Distribution show the following assets and liabilities as of December $31$ for Year $1$ and Year $2.$December $31$Year $1$Year $2$Cash$ $64,300$$ $15,640$Accounts receivable$26,24019,100$Office supplies$3,1601,960$Office equipment$44,00044,000$Trucks$148,000157,000$Building$080,000$Land$060,000$Accounts payable$3,50033,500$Note payable$040,0002.$ Compute net income for Year $2$ by comparing total equity amounts for these two years and using the following information: During Year $2,$ the owner invested $$35,000$ additional cash in the business in exchange for common stock, and the company paid a $$19,000$ cash dividend.