Chapter 13-Homework SAWO 3 Part 3 of 4 10 points eBook Selected comparative financial statements of Korbin Company follow. Sales KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2021, 2020, and 2019 Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes: Income tax expense Net income Ask 2020 $340,000 2021 $ 555,000 2019 $ 278,000 283,500 212,500 153,900 271,500 127,500 124,100 102,900 46,920 50,800 50,668 29,928 22,800 153,568 76,840 73,600 117,932 50,660 50,500 40,800 10,370 15,670 $ 77,132 $ 40,290 $ 34,830 Print References Assets Current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Common stock Current liabilities Other paid-in capital Retained earnings Mc Graw Hill KORBIN COMPANY Comparative Balance Sheets December 31, 2021, 2020, and 2019 2021 2020 $ 37,924 500 96,000 $ 52,390 100,000 $ 152,398 $ 134,424 $ 22,800 72,000 9,000 48,590 $ 19,960 72,000 9,000 33,464 $ 152,390 $ 134,424 2019 $ 51,748 3,950 60,000 $ 115,698 $ 20,300 60,000 6,000 29,398 $ 115,698 Total liabilities and equity 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year. (Round your percentage answers to 2 decimal places.) < Prev 3 4 of 6 Next >