Income before taxes Income tax expense Net income 65,664 12,214 44,54/ 9,132 30,493 6,190 $ 24,303 $ 53,450 $ 35,415 KORBIN COMPANY Comparative Balance Sheets December 31 2021 2020 Assets Current assets Long-term investments Plant assets, net $ 58,173 0 109,714 Total assets $ 167,887 $ 139,463 $ 38,935 800 99,728 2019 $ 52,047 3,480 60,018 $ 115,545 Liabilities and Equity Current liabilities $ 24,512 $ 20,780 $ 20,220 Common stock Other paid-in capital Retained earnings 70,000 8,750 64,625:. 70,000 8,750 -52,000 5,778 39,933 37,547 Total liabilities and equity $ 167,887 $ 139,463 $ 115,545 2. Complete the below table to calculate income statement data in common-size percents. Note: Round your percentage answers to 2 decimal places. KORBIN COMPANY Common-Size Comparative Income Statements For Years Ended December 31, 2021, 2020, and 2019 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income 2021 100.00% 2020 100.00% 2019 100.00 % % % %