Required information 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, 2019, 2018, and 2017 2019 2018 2017 Sales $ 539,295 $ 412,991 $ 286,600 Cost of goods sold 324,535 258,532 183,424 Gross profit 214,560 154,459 103,176 Selling expenses 75,551 56,993 37,831 Administrative expenses 48,519 36, 343 23, 788 Total expenses 125, eze 61,619 Income before taxes 89,490 61.123 41,557 Income tax expense 16,645 12,530 3,436 Net income $ 72.845 $ 48.593 $ 33. 121 2018 2017 KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 Assets Current assets $ 61,439 Long-term investments Plant assets, net 110,660 Total assets $ 172,099 Liabilities and Equity Current liabilities $ 25,126 Common stock 69,000 Other paid in capital 8,625 Retained earnings 69,348 Total liabilities and equity $ 172,099 $ 41,122 1,100 180, 740 $ 142,962 $ 54,970 4,350 59,124 $ 118,444 $ 21,301 69,000 8,625 44,036 $ 142,962 $ 20,728 51,000 5,667 41,049 $ 118,444 Required: 1. Complete the below table to calculate each year's current ratio. Current Ratio Choose Denominator: Choose Numerator: - Current ratio Current ratio 2019 2018 2017