KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2019, 2018, and 2017
	2019			2018			2017
Sales	$	378,269		$	289,785		$	201,100
Cost of goods sold		227,718			181,116			128,704
Gross profit		150,551			108,669			72,396
Selling expenses		53,714			39,990			26,545
Administrative expenses		34,044			25,501			16,691
Total expenses		87,758			65,491			43,236
Income before taxes		62,793			43,178			29,160
Income tax expense		11,679			8,852			5,919
Net income	$	51,114		$	34,326		$	23,241

KORBIN COMPANY
Comparative Balance Sheets
December 31, 2019, 2018, and 2017
	2019			2018			2017
Assets
Current assets	$	59,115		$	39,566		$	52,890
Long-term investments		0			1,100			4,780
Plant assets, net		111,492			101,056			59,747
Total assets	$	170,607		$	141,722		$	117,417
Liabilities and Equity
Current liabilities	$	24,909		$	21,117		$	20,548
Common stock		66,000			66,000			48,000
Other paid-in capital		8,250			8,250			5,333
Retained earnings		71,448			46,355			43,536
Total liabilities and equity	$	170,607		$	141,722		$	117,417

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