[The following information applies to the questions displayed below.,] Simon Company's year-end balance sheets follow 2013 2012 At December 31 Assets Cash Accounts recelvable, net Merchandise Inventory Prepald expenses Plant assets, net 2014 $ 27,890 32,920 $ 31,990 41,792 47,739 3,554 249,324 230,136 201,325 76,870 100,635 8,717 54,813 73,171 8,474 Total assets $463,436 399,514 $326.400 Liabilities and Equity Accounts payable Long-term notes payable secured by $ 118,857 $ 66,168 $ 42,223 72,134 162,500 2,500 162,500 94,953 78,958 49,543 87126 91,888 mortgages on plant assets Common stock, $10 par value Retalned earnings Total liablities and equity $463,436 399,514 $326.400