$120$ points

Simon Company's year$-$end balance sheets follow.

$\backslash$table$[[$At December $31,$Current $Yr,1$ Yr Ago,,Yrs Ago$],[$Assets$,,,,],[\backslash$table$[[$Cash$],[$Accounts receivable, net$]],\backslash$table$[[$$$30,000$

$120$ points

Simon Company's year$-$end balance sheets follow.

$\backslash$table$[[$At December $31,$Current Yr$,1$ Yr Ago,,Yrs Ago$],[\backslash$table$[[$Assets$],[$Cash$]],$$$30,000,$$$36,500,$$$,38,000],[\backslash$table$[[$Cash$],[$Accounts receivable, net$]],89,600,63,500,,49,000],[\backslash$table$[[$Accounts recelivali,$],[$Merchandise inventory$]],110,000,80,600,,54,500],[$Prepaid expenses,$10,200,9,350,,4,600],[$Plant assets, net,$281,000,256,500,,230,000],[$Total assets,$$520,800,$$$446,450,$$$,376,100],[\backslash$table$[[$Liabilities and Equity$],[$Accounts payable$]],$$$128,000,$$$74,500,$$$,51,400],[\backslash$table$[[$Accounts payable$],[$Long$-$term notes payable secured by$]],,,,],[$mortgages on plant assets,$\backslash$table$[[96,000],[163,000]],\backslash$table$[[101,750],[163,000]],,\backslash$table$[[83,200],[163,000]]],[\backslash$table$[[$Common stock, $$10$ par value$],[$Retained earnings$]],\backslash$table$[[133,800]],107,200,,78,500],[$Total liabilities and equity,$$520,800,$$$446,450,$$$,376,100]]$

The company's income statements for the Current Year and $1$ Year Ago, follow.

$\backslash$table$[[\backslash$table$[[$For Year Ended December $31],[$Sales$],[$Cost of goods sold$],[$Other operating expenses$],[$Interest expense$],[$Income tax expense$],[$Total costs and expenses$]],\{$

$\backslash$table$[[$Current $Yr$