KORBIN COMPANY Comparative Income Statements For Years Ended December 31 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income Assets Current assets Long-term investments Plant assets, net 2021 $-552,450 332,575 219,875 78,448 49,721 128,169 91,706 17,057 $ 74,649 2020 $ 423,222 267,900 155,322 58,405 37,244 95,649 59,673 12, 233 $ 47,440 KORBIN COMPANY Comparative Balance Sheets December 31 2021 $ 54,825 103,399 2020 2019 $ 293,700 187,968 105,732 38,768 24,377 $36,694 93,842 63,145 42,587 8,645 $ 33,942 2019 $ 49,052 4,640 55,203

KORBIN COMPANY Comparative Income, Statenents For Years Ended December 31 Sales Cost of goods sold Gross profit selling expenses Adeinistrative expenses Total expenses Incone before taxes Income tax expense Net income \begin{tabular}{rrr} 2021 & 2020 & 2019 \\ 5.552,450 & $423,222 & $293,700 \\ 312,575 & 267,900 & 187,968 \\ \hline 219,875 & 155,322 & 105,732 \\ 78,448 & 58,405 & 38,768 \\ 49,721 & 37,244 & 24,377 \\ \hline 125,169 & 95,649 & 63,145 \\ \hline 91,706 & 59,673 & 42,587 \\ 17,057 & 12,233 & 8,645 \\ \hline$74,649 & $47,440 & 533,942 \\ \hline \end{tabular} kOR9In corgand Comparative dalance sheets Decenber 31 Assets 2.21 2020 2010 Current assets long-terel Investneats Planit ossets, net \begin{tabular}{rrr} 5.54,025 & 536,094 & 5.49,052 \\ 0 & 4,640 \\ 103,399 & 33,642 & 55,203 \\ \hline \end{tabular} KORBIN COMPANY Comparative Income, Statenents For Years Ended December 31 Sales Cost of goods sold Gross profit selling expenses Adeinistrative expenses Total expenses Incone before taxes Income tax expense Net income \begin{tabular}{rrr} 2021 & 2020 & 2019 \\ 5.552,450 & $423,222 & $293,700 \\ 312,575 & 267,900 & 187,968 \\ \hline 219,875 & 155,322 & 105,732 \\ 78,448 & 58,405 & 38,768 \\ 49,721 & 37,244 & 24,377 \\ \hline 125,169 & 95,649 & 63,145 \\ \hline 91,706 & 59,673 & 42,587 \\ 17,057 & 12,233 & 8,645 \\ \hline$74,649 & $47,440 & 533,942 \\ \hline \end{tabular} kOR9In corgand Comparative dalance sheets Decenber 31 Assets 2.21 2020 2010 Current assets long-terel Investneats Planit ossets, net \begin{tabular}{rrr} 5.54,025 & 536,094 & 5.49,052 \\ 0 & 4,640 \\ 103,399 & 33,642 & 55,203 \\ \hline \end{tabular}