Compute net income for 2017 by comparing total equity amounts for these two years and using the following information: During 2017, the owner invested $34,000 additional cash in the business (in exchange for common stock) and the company paid $36,000 cash in dividends.

[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, 2016 and 2017.

December 31	2016			2017
Cash	$	42,759		$	6,324
Accounts receivable		23,210			18,197
Office supplies		3,661			2,682
Office equipment		112,390			119,717
Trucks		43,980			52,980
Building		0			146,610
Land		0			36,583
Accounts payable		61,020			30,264
Note payable		0			83,193