Question: Can someone help me with this? I don't know how to get the net income or equity. Required information [The following information applies to the

Can someone help me with this? I don't know how to getCan someone help me with this? I don't know how to get the net income or equity.

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 $ 47,868 25,983 4,099 125,817 49,233 0 0 68,310 0 2019 $ 8,154 20,371 3,002 134,019 58,233 164,125 40,956 33,880 105,081 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 (in exchange for common stock) and the company paid a $30,000 cash dividend. Equity, December 31, 2018 Add: Owner's investment 33,000 3. Compute the 2019 year-end debt ratio. Add: Net income 33,000 Debt Ratio Less: Dividends Choose Numerator: 1 Choose Denominator: Debt Ratio / Debt ratio / Equity, December 31, 2019 $ 33,000

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