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 Cash Accounts receivable Office supplies Office equipment Trucks Building Land Accounts payable Note payable 2018 $ 54,300 29,475 4,649 142,725 55,851 0 0 77,490 0 2019 $ 10, 460 23,108 3,405 152,029 64,851 186, 181 46, 460 38,433 132, 641 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 2019, the owner invested $37,000 additional cash in the business (in exchange for common stock) and the company paid a $40.800 cash dividend. 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 2019, the owner investe $37,000 additional cash in the business in exchange for common stock) and the company paid a $40,800 cash dividend. Equity, December 31, 2018 Equity, December 31, 2019 $