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 $ 37,711 109,298 133,299 12,144 346,718 $639,170 $ 42,758 $ 44,576 75,598 59,434 192,956 61,404 11,687 4,757 318,010 275,629 $ 551,009 $ 445,800 $157,562 $ 93,121 $ 59,434 118,962 162,500 200, 146 $639,170 124, 197 101,477 162,500 162,500 171, 191 122,389 $ 551,009 $ 445,800 The company's income statements for the Current Year and 1 Year Ago, follher For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Yr $830,921 $ 506,862 257,586 14,126 10,802 789,376 $ 41,545 $ 2.56 1 Yr Ago $ 655,701 $426,206 165,892 15,081 9,836 617,015 $ 38,686 $ 2.38 CEO