The accounting records of Nettle Distribution show the following assets and liabilities as of December 31 for Year 1 and Year 2. Problem 2-5A (Algo) Part 2 2. Compute net income for Year 2 by comparing total equity amounts for these two years and using the following information; Ouring Year 2 , the owner invested $36,000 additional cash in the business in exchange for common stock, and the company paid a $44,400 cash dividend