3. Complete the below table to calculate the balance sheet data in trend percents with 2015 as the base year. (Round your percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2017, 2016 and 2015 2017 2016 2015 Assets 100.00 % Current assets 100.00 Long-term investments Plant assets, net 100.00 100.00 % % Total assets Liabilities and Equity of 100.00 % Current liabilities Common stock 100.00 Other paid-in capital 100.00 Retained earnings 100.00 Total liabilities and equity % % 100.00 Required information [The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow: KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2017, 2016, and 2015 2017 2016 2015 $247,400 158,336 89,064 32,657 20,534 53,191 35,873 7,282 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses $465,359 280,146 185,213 66,081 41,882 $356,503 226,023 130,480 49,197 31,372 80,569 107,963 77,250 14,369 Income before taxes 49,911 10,232 $ 39,679 Income taxes $ 28,591 $62,881 income Net KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2017 2016 2015 Assets $ 53,446 4,890 61,525 Current assets $51,103 $39,982 700 Long-term investments Plant assets, net 97,884 103,990 $148,987 $144,672 $119,861 Total assets Liabilities and Equity $ 21,752 67,000 8,375 51,860 $ 20,976 49,000 5,444 44,441 $21,556 67,000 8,375 47,741 Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity $148,987 $144,672 $119,861