Simon Company's year-end balance sheets follow. 2015 2014 2013 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net $ 30,000 $ 35,250 $ 37,200 89,400 61,500 51,000 112,000 83,200 54,500 10,900 9,250 4,200 280,000 252.000 225,000 Total assets $522,300 $441,200 $ 371,900 $ 128,400 $ 72,250 $50,600 Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings 96.000 160,500 137,400 98,750 82,400 160,550 160,500 109,700 78,400 Total liabilities and equity $522,300 $ 441,200 $ 371,900 The company's income statements for the years ended December 31, 2015 and 26 follow