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 $ 472,883 $ 362,267 $ 251,400 Cost of goods sold 284,676 227,504 160,896 Gross profit 188,207 134,763 90,504 Selling expenses 67,149 49,993 33,185 Administrative expenses 42,559 31,879 20,866 Total expenses 109,708 81,872 54,051 Income before taxes 78,499 52,891 36,453 Income tax expense 14,601 10,843 7,400 Net income $ 63,898 $ 42,048 $ 29,053 2018 2017 KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 Assets Current assets $ 59, 251 Long-term investments Plant assets, net 110,038 Total assets $ 169,290 Liabilities and Equity Current liabilities $ 24,716 Common stock 68,000 Other paid-in capital 8,500 Retained earnings 68,074 Total liabilities and equity $ 169,290 $ 39,657 600 100,372 $ 140,629 $ 53,013 3,600 59,898 $ 116,511 $ 20,954 68,000 8,500 43,175 $ 140,629 20,389 50,000 5,556 40,566 $ 116,511 3. Complete the below table to calculate the balance sheet data in trend percents with 2017 as base year. (Round your percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2019, 2018 and 2017 2019 2018 2017 % % 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 % % %