Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 25,988 76,091 96,636 8,369 242,388 $ 449, 472 $ 30,378 $ 31,017 53,704 42,200 72,400 45,851 8,137 3,587 222,857 197,045 $ 387,476 $ 319,700 $ 113,038 $ 66,138 $ 42,200 83,656 163,500 89, 278 $ 449,472 86,446 72,067 163,500 163,500 71,392 41,933 $ 387,476 $ 319,700 1. Express the balance sheets in common-size percents. (Do not round intermediate calcu answers to 1 decimal place.) 2. Assuming annual sales have not changed in the last three years, is the change in accou assets favorable or unfavorable? 3. Assuming annual sales have not changed in the last three years, is the change in merch assets favorable or unfavorable