The accounting records of Nettle Distribution show the following assets and liabilities as of December 31 for Year 1 and Year 2. December 31 Cash Accounts Year 1 $ 42,665 Year 2 $ 6,290 23,159 18,157 receivable Office supplies 3,653 2,676 Office equipment 112,141 119,452 Trucks 43,882 52,882 Building 0 146,285 Land 0 36,503 Accounts payable 60,885 30,197 Note payable 0 82,788 2. 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 $33,000 additional cash in the business in exchange for common stock, and the company paid a $27,600 cash dividend.