Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. 2016 2015 At December 31 2017 Assets 28,923 30,128 59,300 59,000 3,348 155,624 $ 24,744 $ 9, 600 112,500 7,968 188,810 423,622 $ 365,191 $ 307,400 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 62,500 82,500 7,592 183,676 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings $104,427 $ 61,100 $ 40,171 83,154 162,500 58,437 67,256 162,500 78,845 162,500 77,850 $ 423,622 $ 365,191 307,400 37,473 Total liabilities and equity Next 6 of 6