[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow 2015 2014 2013 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net $ 31,400 $ 36,250 $ 38,200 88,900 62,000 50,500 111,500 80,800 52,500 5,500 278,000 256,500 227,000 10,200 9,400 Total assets $520,000 $444,950 $ 373,700 Liabilities and Equity Accounts payable Long-term notes payable secured $ 128,400 $ 75,000 51,000 by mortgages on plant assets Common stock, $1O par value Retained earnings 95,500 101500 83,200 163,500 63,500 163,500 132,600 104,950 76,000 Total liabilities and equity $520,000 $444,950 $ 373,700