[The following information applies to the questions displayed below.,] Simon Company's year-end balance sheets follow 2012 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 2014 2013 $ 30,800 $ 36,000 $ 37,400 49,500 111,500 82,000 53,000 4,500 89,400 63,500 9,425 278,000 249,000 10,550 226,000 Total assets $520,250 $439,925 $370,400 Liabilities and Equity Accounts payable Long-term notes payable secured by $ 128,800 $ 73,500 $ 51,400 mortgages on plant assets Common stock, $10 par value Retained earnings 95,000 100,000 82,200 163,500 163,500 163,500 132,950 102,925 73,300 Total liabilities and equity $520,250 $439,925 $370,400 The company's income statements for the years ended December 31, 2014 and 2013, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes 2014 $675,000 $550,000 $405,000 189,000 12,000 9,450 $341,000 137,500 13,000 8,950 615,450 $ 59,550 $ 3.64 500,450 $ 49,550 $ 3.03 Total costs and expenses Net income Earnings per share