At December 31 Current Year 1 Year Ago 2 Years Ago Assets Cash $ 36,830 $ 37,605 $ 32,473 95,979 119,504 64,453 Accounts receivable, net Merchandise inventory. Prepaid expenses 50,140 87,777 56,140 4,178 Plant assets, net 10, 561 286,417 $544,934. 9,964 270,747 239,537 Total assets $ 469,771 $ 387,600. Liabilities and Equity. Accounts payable Long-term notes payable. $ 138,402 104,497 162,500 139,535 $78,597 110, 208 162, 500 118,466 Common stock, $10 par value $ 51,675 85,660 162,500 97,765 Retained earnings Total liabilities and equity $ 544,934 $469,771 $ 387,600 The company's Income statements for the current year and one year ago, follow.
