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 $ 34,994 97,407 123, 734 11, 269 319, 848 $ 587, 252 $ 41,715 $ 42,593 69,458 54,034 91, 783 58,127 10,738 4,457 292,558 258, 489 $ 506,252 $ 417,700 $ 144,763 $ 85,557 $ 56, 239 112,611 163,500 166, 378 $ 587, 252 114, 109 94,158 163,500 163,500 143,086 103, 803 $ 506, 252 $ 417,700 1. Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) 2. Assuming annual sales have not changed in the last three years, is the change in accounts receivable as a percentage of total assets favorable or unfavorable? 3. Assuming annual sales have not changed in the last three years, is the change in merchandise inventory as a percentage of total assets favorable or unfavorable?