Simon Company's year-end balance sheets follow. 2017 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets 2016 s 31,800 35,000 37,400 88,100 63, 000 50,000 112,000 81,800 53,000 4,800 279,000 252,500 232,000 10,600 9,300 521,500 $441,600 377,200 Liabilities and Equity Accounts payable Long-term notes payable secured by $128,800 75,250 51,200 mortgages on plant assets Common stock, $10 par value Retained earnings 97,000 98,750 81,200 161,500 161,500 161,500 134,200 106, 100 83 300 521,500 $441,600 377,200 Total liabilities and equity