nework- Chapter 2 Saved Help Save & E Required information Problem 2-5A Computing net income from equity analysis, preparing a balance sheet, and computing the debt ratio LO C2, A1, A2, P3 (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 2018 2019 $ 46,070 $ 7,510 19, 606 2,889 Cash Accounts receivable office supplies office equipment 25, 007 3, 945 121, 093 47,385 128,987 Trucks 56, 385 157,962 39, 418 32, 60B 97,380 Building Land Accounts payable Note payable 65,745 es Problem 2-5A Part 2 2. Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During