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Selected comparative financial statements of Korbin Company follow.

KORBIN COMPANYComparative Income StatementsFor Years Ended December 31 202120202019Sales$ 460,281$ 352,613$ 244,700Cost of goods sold277,089221,794156,608Gross profit183,192130,81988,092Selling expenses65,36048,66132,300Administrative expenses41,42531,03020,310Total expenses106,78579,69152,610Income before taxes76,40751,12835,482Income tax expense14,21210,4817,203Net income$ 62,195$ 40,647$ 28,279KORBIN COMPANYComparative Balance SheetsDecember 31 202120202019Assets Current assets$ 63,061$ 42,207$ 56,421Long-term investments06004,820Plant assets, net113,580103,92860,329Total assets$ 176,641$ 146,735$ 121,570Liabilities and Equity Current liabilities$ 25,790$ 21,864$ 21,275Common stock64,00064,00046,000Other paid-in capital8,0008,0005,111Retained earnings78,85152,87149,184Total liabilities and equity$ 176,641$ 146,735$ 121,570

2. Complete the below table to calculate income statement data in common-size percents.

Note: Round your percentage answers to 2 decimal places.