Simon Company's year-end balance sheets follow.

Please help me with the blank areas.

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 $ 27,523 77,376 102,300 8,775 250,511 $ 466,485 $ 31,528 $ 32,848 57,989 43,360 75,884 46,173 8,445 3,650 228,296 205,769 $ 402,142 $ 331,800 $ 116, 155 $ 68,642 $ 44,236 89,453 163,500 97,377 $ 466,485 91,568 71,861 163,500 163,500 78,432 52,203 $ 402, 142 $ 331,800 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? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Express the balance sheets in common-size percents. (Do not round intermediate calculations and round your final percentage answers to 1 decimal place.) 2 Years Ago SIMON COMPANY Common-Size Comparative Balance Sheets December 31 Current Year 1 Year Ago Assets Cash 6.0 % 7.9% Accounts receivable, net 16.7 14.3 Merchandise inventory 21.81 18.8 Prepaid expenses 2.0 . 22 Plant assets, net 53.6 56.8 Total assets 100.0 % 100.0% Liabilities and Equity Accounts payable 24.8% 171 % Long-term notes payable secured by mortgages on plant assets Common stock, $10 par Retained earnings Total liabilities and equity 100.0% 100.0% 10.0 % 13.0 14.0 1.01 62.0 100.0 % 13.3% 21.81 100.0%