3.

Complete the below table to calculate the balance sheet data in trend percents with 2013 as the base year. (Round your percentage answers to 2 decimal places.)

KORBIN COMPANY

Balance Sheet Data in Trend Percents
December 31, 2015, 2014, and 2013
	2015		2014		2013
Assets
Current assets		%		%	100.00	%
Long-term investments					100.00
Plant assets, net					100.00
Total assets		%		%	100.00	%
Liabilities and Equity
Current liabilities		%		%	100.00	%
Common stock					100.00
Other paid-in capital					100.00
Retained earnings					100.00
Total liabilities and equity		%		%	100.00	%

Selected comporative financial statements of Korbin Co mpany follow: KORBIN COMPANY Comporative Income Statements For Years Ended December 31, 2015, 2014, and 2013 2015 2014 2013 $388,205 243793 Sales $ 506,741 305,058 $ 269,400 172.416 Cost of goods sold Gross profit Selling expenses 201,683 71,957 45,607 144,412 53,572 34,162 96,984 35,561 22,360 Total expenses 117,564 87,734 57,921 Income before taxes Income taxes 84,119 15,646 56,678 11,619 39,063 7,930 Net income $ 68,473 $45,059 $ 31133 KORBIN COMPANY Comparative Balonce Sheets December 31, 2015, 2014, and 2013 2015 2014 2013 Assets Current assets Long-term investments Plant assets, net 48,219 37726 500 $ 50,430 3,260 58,265 90,941 96,904 Total assets $ 139,160 $ 135,130 $111,955 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained eornings $ 20,317 70,000 8,750 40,093 20,134 $19,592 52,000 5,778 34,585 70,000 8.750 36,246 Total liabilities and equity $ 139,160 $ 135,130 $111,955