PLEASE PROVIDE CALCULATIONS!

[The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 Sales $ 423, 225 $ 324, 225 Cost of goods sold 254,781 204,586 Gross profit 168,444 119,639 Selling expenses 60,098 44,743 Administrative expenses 38,090 28,532 Total expenses 98,188 73, 275 Income before taxes 70, 256 46,364 Income tax expense 13,068 9,505 Net income $ 57,188 $ 36,859 2019 $ 225,000 144,000 81,000 29,700 18,675 48,375 32,625 6,623 $ 26,002 2020 2019 KORBIN COMPANY Comparative Balance Sheets December 31 2021 Assets Current assets $ 54, 341 Long-term investments 0 Plant assets, net 102,487 Total assets $ 156,828 Liabilities and Equity Current liabilities $ 22,897 Common stock 64,000 Other paid-in capital 8,000 Retained earnings 61,931 Total liabilities and equity $ 156,828 $ 36,370 800 93,106 $ 130,276 $ 48,619 3,590 55,725 $ 107,934 $ 19,411 64,000 8,000 38,865 $ 130,276 $ 18,888 46,000 5,111 37,935 $ 107,934 Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year. (Round your percentage nswers to 2 decimal places.) 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year. (Round your percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2021, 2020 and 2019 2021 2020 2019 Assets Current assets % 100.00 % Long-term investments 100.00 Plant assets, net 100.00 % 100.00 % Total assets Liabilities and Equity Current liabilities % 100.00 % Common stock 100.00 100.00 Other paid-in capital Retained earnings Total liabilities and equity 100.00 % 100.00 %