5 Part 3 of 4 14.28 points Simon Company's year-end balance sheets follow. Cash At December 31 Assets Accounts receivable, net Merchandise Inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Connon stock, $10 par value Skipped Retained earnings Total liabilities and equity Curcentr $ 36,664 $16,979 $33,366 89,400 112,000 10,101 105,196 63,000 50,500 9,624 4,331 279,100 255,000 $545,063 $472,468 $405,900 $132,374 $ 77,452 $ 51,971 99,945 105,408 87,013 162,500 162,500 152,500 153,244 $548,063 127,108 104,416 $472,468 $405,900 eBook Hint Print References The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Yr $434,614 220,869 12,112 9,262 $712,482 676,857 $ 35,625 1 Yr Ago $562,237 $ 365,454 142,246 12,931 8,434 $29,065 $ 33,172 $ 2.19- $ 2.04 Submit