Required information The following information applies to the questions displayed below.] Part 3 of 3 Selected comparative financial statements of Korbin Company follow eBook References KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2017, 2016, and 2015 2017 2016 2015 Sales $548,876 $420,484 $291,800 Cost of goods sold 330,423 264,484 186,752 Gross profit 218,453 156,000 105,048 Selling expenses 77,940 58,027 38,518 Administrative expenses 49,399 37,093 24,219 Total expenses 127,339 95,30 62,737 Income before taxes 91,114 60,970 42,311 Income taxes 16,947 12,499 8,589 Net income $ 74,167 $ 48,471 $ 33,722 KORBIN COMPANY KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2017 2016 2015 Assets Current assets $ 47,921 $ 37,492 $ 50, 118 Long-term investments 600 3,980 Plant assets, net 88,995 94,859 56,052 Total assets $136,916 $132,951 $110,150 Liabilities and Equity Current liabilities $ 19,990 $ 19,810 $ 19,276 Common stock 65,000 65,000 47,000 Other paid-in capital 8,1258,125 5,222 Retained earnings 43,801 40,016 38,652 Total liabilities and equity $136,916 $132,951 $110, 150 3. Complete the below table to calculate the balance sheet data in trend percents with 2015 as the base year. (Round yo percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2017, 2016 and 2015 2017 2016 2015 100.00 % 100.00 100.00 100.00 % Assets Current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity 100.00 % 100.00 100.00 100.00 100.00 %