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 Current Year 1 Year Ago 2 Years Ago $ 36,000 64,000 $ 31,200 87,800 110,500 10,450 277,000 $ 516,950 97,500 163,000 127,650 $ 128,800 Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity 83,000 9,500 256,000 $ 448,500 $ 74,750 100,250 163,000 110,500 $ 516,950 $ 448,500 $ 37,200 51,000 54,500 5,200 229,000 $ 376,900 $ 50,600 82,200 163,000 81,100 $ 376,900 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Year 1 Year Ago $ 715,000 $ 640,000 $ 414,700 221,650 12,300 9,450 $ 409,600 147,200 13,400 8,650 658,100 578,850 $ 61,150 $ 56,900 Earnings per share $ 3.49 For both the Current Year and 1 Year Ago, compute the following ratios: $ 3.75