Long Yool toe te garth this Go for DAVID CANAL ACC wat ark 0 Sved Required information Problem 17-2A (Algo) Ratios, common-size statements, and trend percents LO P1, P2, P3 The following information appiles to the questions displayed below) Selected comparative financial statements of Korbin Company follow. KORDIN COMPANY Comparative Income Statements For Years Ended December 31, 2021 2020, and 2019 2021 2020 2019 Sales $ 384,665 $ 294.85 $ 204,500 coat of goods sold 21,568 186,190 130.000 Gross profit 153,097 107.055 73,620 Selling expen 54,622 40.667 26.994 Administrative expenses 34.620 25,932 16,974 Total expenses 89.242 66,599 43.968 Income before taxes 63,55 41.256 29,652 Income tax expense 11.077 8.35 6.019 Not Income $ 51,970 4.32.799 $ 23,63 KORBIS COMPANY Comparative Balance shte December 31, 2021, 2020, and 2019 2021 2020 2019 Assets Current nee 5.59.758 5 39,996 3/53,066 Long-term investments 0 1.000 3.190 Plant este net 112,704 102. 265 62.0 Total assets $ 172,462 5141,264 $ 118,694 Liabilities and Equity Current liabilitie $ 25,179 21.146 20,771 Common stock 73,000 73,000 55.000 Other paid-in capital 9,125 9.125 4111 Retained earnings 65.150 39.793 36,012 Total liabilities and equity $ 172,462 $ 143,264 $ 110,6 Problem 17-2A (Algo) Part 2 2. Complete the below table to calculate income statement data in common-size percents. (Round your percentage decimal places.) KORBIN COMPANY