Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity The company's income statements f Current Year 1 Year Ago 2 Years Ago $ 38,182 62,600 83,000 $ 32,664 89,200 110,500 10,519 316, 341 $ 559,224 $ 137,854 104,083 162,500 154,787 $ 559,224 10,023 288,285 $ 482,090 $ 80,658 109,772 162,500 129,160 $ 482,090 $ 39,772 52,000 57,000 4,419 252,609 $ 405,800 $ 53,030 88,785 162,500 101,485 $ 405,800