KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2017, 2016, and 2015

	2017	2016	2015
Sales	$383,160	$293,532	$203,700
Cost of goods sold	230,662	185,806	130,368
Gross profit	152,498	107,726	73,332
Selling expenses	54,409	40,507	26,888
Administrative expenses	34,484	25,831	16,907
Total expenses	88,893	66,338	43,795
Income before taxes	63,605	41,388	29,537
Income taxes	11,831	8,485	5,996
Net income	$51,774	$32,903	$23,541

KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015

	2017	2016	2015
Assets
Current assets	$48,713	$38,112	$50,947
Long-term investments	0	900	4,360
Plant assets, net	91,874	97,503	57,796
Total assets	$140,587	$136,515	$113,103
Liabilities and Equity
Current liabilities	$20,526	$20,341	$19,793
Common stock	69,000	69,000	51,000
Other paid-in capital	8,625	8,625	5,667
Retained earnings	42,436	38,549	36,643
Total liabilities and equity	$140,587	$136,515	$113,103

1. Complete the below table to calculate each year's current ratio.

2. Complete the below table to calculate income statement data in common-size percents. (Round your percentage answers to 2 decimal places.)

3. Complete the below table to calculate the balance sheet data in trend percents with 2015 as the base year. (Round your percentage answers to 2 decimal places.)