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	$	437,897		$	335,465		$	232,800
Cost of goods sold		263,614			210,001			148,992
Gross profit		174,283			125,464			83,808
Selling expenses		62,181			46,294			30,730
Administrative expenses		39,411			29,521			19,322
Total expenses		101,592			75,815			50,052
Income before taxes		72,691			49,649			33,756
Income tax expense		13,521			10,178			6,852
Net income	$	59,170		$	39,471		$	26,904

KORBIN COMPANY
Comparative Balance Sheets
December 31, 2019, 2018, and 2017
	2019			2018			2017
Assets
Current assets	$	54,651		$	36,578		$	48,897
Long-term investments		0			1,000			4,980
Plant assets, net		104,682			94,779			55,781
Total assets	$	159,333		$	132,357		$	109,658
Liabilities and Equity
Current liabilities	$	23,263		$	19,721		$	19,190
Common stock		71,000			71,000			53,000
Other paid-in capital		8,875			8,875			5,889
Retained earnings		56,195			32,761			31,579
Total liabilities and equity	$	159,333		$	132,357		$	109,658

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.)

3. Complete the below table to calculate the balance sheet data in trend percents with 2017 as base 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 %