Check my [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, 2019, 2018, and 2017 2019 2018 2017 Sales $ 460, 281 $352, 613 $ 244,700 Cost of goods sold 277,089 221,088 156, 608 Gross profit 183,192 131, 525 88,092 Selling expenses 65, 360 48, 661 32,300 Administrative expenses 41, 425 31,030 20, 310 Total expenses 106, 785 79,691 52,610 Income before taxes 76,407 51,834 35, 482 Income tax expense 14, 212 10, 626 7, 203 Net income $ 62,195 $ 41, 208 $ 28, 279 KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 2018 2017 Assets Current assets $ 62,795 $ 42,029 $ 56,183 Long-term investments 700 3,090 Plant assets, net 113, 102 103,388 61,785 Total assets $ 175, 897 $ 146, 117 $ 121,058 Liabilities and Equity Current liabilities $ 25, 681 $ 21, 771 $ 21, 185 Common stock 64,000 64,000 46,000 Other paid-in capital 8,000 8.000 5, 111 Retained earnings 78,216 52, 346 48,762 Total liabilities and equity $ 175,897 $ 146, 117 $121, 058 2. Complete the below table to calculate income statement data in common-size percents. (Round your percentage answers to 2 decimal places.) Q 2017 100.00 % es KORBIN COMPANY Common-Size Comparative Income Statements For Years Ended December 31, 2019, 2018, and 2017 2019 2018 Sales 100.00 % 100.00% Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense % % 96 Net income