Exercise 13-6 Common-size percents LO P2 Simon Company's year-end balance sheets follow. 2015 2014 At December 31 2013 Assets 31,433 37,477 37,891 Cash Accounts receivable, net 88,370 63,013 52,562 Merchandise inventory 115,690 85,817 54,348 10,123 Prepaid expenses 9,356 4,380 Plant assets, net 287, 150 263,618 237,419 Total assets 532,766 459,281 $386,600 Liabilities and Equity 131,332 76,842 51,542 Accounts payable Long-term notes payable secured by mortgages on plant assets 102,163 105,635 86,293 Common stock, $10 par value 163,500 163,500 163,500 Retained earnings 135,771 113,304 85,265 Total liabilities and equity 532,766 459,281 $386,600