[The following information applies to the questions displayed below. The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019. 2018 $ 56,287 30,553 4,820 147,947 2019 $ 11, 172 23,954 3,530 157,591 December 31 Cash Accounts receivable Office supplies Office equipment Trucks Building Land Accounts payable Note payable 57,893 0 0 80, 325 0 66,893 192,993 48,159 39,839 141, 152 2. Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 2019, the owner invested $33,000 additional cash in the business and withdrew $33,600 cash for personal use. Equity, December 31, 2018 0 Equity, December 31, 2019 $ 0 Required information (The following information applies to the questions displayed below.] The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2018 and 2019. December 31 Cash Accounts receivable office supplies Office equipment Trucks Building Land Accounts payable Note payable 2018 $ 56,287 30,553 4,820 147,947 57,893 0 0 80, 325 0 2019 $ 11,172 23,954 3,530 157,591 66,893 192,993 48,159 39,839 141,152 3. Compute the 2019 year-end debt ratio for the business. Debt Ratio Choose Numerator: 1 Choose Denominator: Debt Ratio / Debt ratio 1