Simon Company's year$-$end balance sheets follow.

At December $31$ Current Year $1$ Year Ago $2$ Years Ago

Assets

Cash $ $35,191$ $ $41,975$ $ $42,026$

Accounts receivable, net $104,07673,45557,155$

Merchandise inventory $130,85695,12559,676$

Prepaid expenses $11,33311,1294,623$

Plant assets, net $327,175302,998261,020$

Total assets $ $608,631$ $ $524,682$ $ $424,500$

Liabilities and Equity

Accounts payable $ $153,065$ $ $90,445$ $ $56,034$

Long$-$term notes payable $117,855120,67795,691$

Common stock, $$10$ par value $163,500163,500162,500$

Retained earnings $174,211150,060110,275$

Total liabilities and equity $ $608,631$ $ $524,682$ $ $424,500$