13 Required information The following information applies to the questions displayed below) Selected comparative financial statements of Korbin Company follow KORB IN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 2019 $ Sales $ $ 439,402 336,618 233, 600 Cost of goods sold 264,520 210,723 149,504 Gross profit 174,882 125,895 84,096 Selling expenses 62,395 46,453 30,835 Administrative 39,546 29,622 expenses 19,389 Total expenses 101,941 76,075 se, 224 Income before 72,941 49,820 33,872 taxes Income tax expense 13,567 10,213 6,876 $ $ $ Net income 59,374 39,607 26,996 KORBIN COMPANY Comparative Balance Sheets December 31 2021 zeza 2019 Assets $ $ Current assets $ 56,668 37.928 50,701 Long-term investments 1. eee 4,760 plant assets, net 105, 240 95,568 55.959 $ $ Total assets 161,908 134,496 111,130 Liabilities and Equity $ Current liabilities 23,639 20,840 19,500 Common stock 69,000 69.000 51.ee Other paid-in capital 8,625 8,625 5,667 Retained earnings 60,644 36,831 35 263 Total liabilities and $ $ 5 equity 161,908 134,496 111, 430 Required: 1 Complete the below table to calculate each year's current ratio Current Ratio Denominator Numerator = Current ratio Current Tato Oto 1 0 1 0 0 2021 2020 2019