Check my work Required information [The following information applies to the questions displayed below.) Selected comparative financial statements of Korbin Company follow: Part 2 of 3 KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2017, 2016, and 2015 2 points 2017 2016 2015 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income taxes Net income $529,878 405,930 $281,700 eBook Print References 37,184 23,381 60,565 40,847 8,292 $ 71,599 46,794 32,555 318,987 255,330 180,288 210,891 150,600 101,412 56,018 35,722 91,740 58,860 12,066 75,243 47,689 122,932 87,959 16,360 KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2017 2016 2015 Assets Current assets Long-term investments Plant assets, net $ 47,380 37,070 49,553 3,430 89,36094,610 511025 S136.740 S132.780 S110.008 1,100