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.J The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017 December 31 2016 2017 $46, 732 $7, 748 19, 888 2,931 122, 833 130, 841 57, 067 0 160, 233 39, 982 33, 077 0 100, 215 25, 367 4, 001 Accounts receivable Office supplies Office equipment Trucks Building Land Accounts payable ote payable 48, 067 66, 690 Problem 2-5A Part 2 2. Compute net income for 2017 by comparing total equity amounts for these two years and using the following information: During 2017, the owner invested $35,000 additional cash in the business and withdrew $42,000 cash for personal use Equity, December 31, 2016 Add: Owner's investment Add: Owner's investment Less: Net loss Less: Owner withdrawals Equity, December 31, 2017