Homework Hel Simon Company's year-end balance sheets follow, Recounts receivable, Merchandise inventory Prepaid expenses Plantate, et Total s Liabilities and it Recounts payable Long-term peable secured by 11.800 $35.625 39.500 2.500 112.500 2.500 10.700 9.375 278,500 255,000 3523,000 $445,000 .000 50.200 5. .000 230, 500 377,500 $129,900 $ 75,250 351,250 98.500 101.500 3.500 9.250 171.100 55 .000 106.750 .000 Tural la n d uity Express the balance sheets in common size percents (Do not round Intermediate calculations and round your final percentage answers to 1 decimal place.) SIMON COMPANY MacBook Air Express the balance sheets in common-size percents. (Do not round Intermediate calculatio answers to 1 decimal place.) SIMON COMPANY Common-Size Comparative Balance Sheets December 31, 2015-2017 2017 2016 2015 Assets Cash 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 Common stock, $10 par Retained earnings Total liabilities and equity MacBook Air