' 16293 2919 . Sales 3; 337,778 $ 234,490 Cost of goods sold 265,425 211,782 158,815 Gross profit 175,481 125,988 84,384 Selling expenses 62,689 46,612 38,941 Administrative expenses 39,582 29,724 19,455 Total expenses 182,291 76,335 58,396 Income before taxes 73,198 49, 652 33,988 Income tax expense 13,513 18,179 6,988 Net income $ 59,577 $ 39,473 $ 27,888 Assets Current assets $ 57,782 $ 38,628 3 51,626 Long-term investments 8 988 3,268 Plant assets, net 187,168 97,438 58,577 Total assets $ 164,852 $ 135,958 3': 113,463 Liabilities and Equity Current liabilities $ 24,878 $ 28,486 5 19,356 Common stock 71,888 71,888 53,888 Other paidin capital 8,875 8,875 5,889 Retained earnings 68,917 35,669 34,718 Total liabilities and equity $ 154; 352 $ 1351953 $ 113,453 3. Complete the below table to calcuiate income statement data in commonsize per iecimal places} Cost of goods sold Gross prot Setting expenses Administative expenses Administrative expenses I I I I I I Total expenses Income before taxes Income tax expense Net income