KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2018, 2017, and 2016
	2018			2017			2016
Sales	$	382,784		$	293,244		$	203,500
Cost of goods sold		230,436			186,210			130,240
Gross profit		152,348			107,034			73,260
Selling expenses		54,355			40,468			26,862
Administrative expenses		34,451			25,805			16,891
Total expenses		88,806			66,273			43,753
Income before taxes		63,542			40,761			29,507
Income tax expense		11,819			8,356			5,990
Net income	$	51,723		$	32,405		$	23,517

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

KORBIN COMPANY
Common-Size Comparative Income Statements
For Years Ended December 31, 2018, 2017, and 2016
	2018		2017		2016
Sales		%		%		%
Cost of goods sold		-1		-1		-1
Gross profit
Selling expenses		-1		-1		-1
Administrative expenses		-1		-1		-1
Total expenses
Income before taxes		-1		-1		-1
Income tax expense		-1		-1		-1
Net income		%		%		%