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Simon Companys year-end balance sheets follow.

	At December 31			2014			2013			2012
	Assets
	Cash		$	26,865		$	30,479		$	32,067
	Accounts receivable, net			77,100			52,800			41,062
	Merchandise inventory			97,899			72,619			45,539
	Prepaid expenses			8,397			8,243			3,563
	Plant assets, net			236,153			220,699			198,469
	Total assets		$	446,414		$	384,840		$	320,700
	Liabilities and Equity
	Accounts payable		$	113,380		$	65,038		$	42,332
	Long-term notes payable secured by mortgages on plant assets			85,604			91,169			71,583
	Common stock, $10 par value			162,500			162,500			162,500
	Retained earnings			84,930			66,133			44,285
	Total liabilities and equity		$	446,414		$	384,840		$	320,700

The companys income statements for the years ended December 31, 2014 and 2013, follow.

For Year Ended December 31	2014						2013
Sales				$	580,338					$	457,960
Cost of goods sold	$	354,006					$	297,674
Other operating expenses		179,905						115,864
Interest expense		9,866						10,533
Income taxes		7,544						6,869
Total costs and expenses					551,321						430,940
Net income				$	29,017					$	27,020
Earnings per share				$	1.79					$	1.66

(2)	Debt-to-equity ratio.

For 2014

What is total liabilities?

What is Total Equity?

For 2013

What is total liabilities?

What is Total Equity?

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