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Use the following Information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ] Simon Company's yearend

Use the following Information for the Exercises below. (Algo)
[The following information applies to the questions displayed below.]
Simon Company's yearend balance sheets follow.
At Decenber 31
Assets
Cash
Accounts receivable, net
Merchandise inventory
Prepaid expenses
Plant assets, net
Total assets
Liabilities and Equity
Accounts payable
Long-term notes payable
Coninon stock, $10 par value
Retained earnings
Total liabilities and equity
\table[[Current Year,Year Ago,2 Years Ago],[,,],[$31,196,$36,823,$36,145
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