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, 2018, 2017, and 2016 2018 2017 2016 Sales $ 424,918 $ 325,522 $ 225,900 Cost of goods sold 255,801 205,404 144,576 Gross profit 169, 117 120, 118 81,324 Selling expenses 60,338 44,922 29,819 Administrative expenses 38,243 28,646 18,750 Total expenses 98,581 73,568 48,569 Income before taxes 70,536 46,550 32,755 Income tax expense 13,120 9,543 6,649 Net income 57,416 $ 37,007 $ 26,106 KORBIN COMPANY Comparative Balance Sheets December 31, 2018, 2017, and 2016 2018 2017 2016 Assets Current assets $ 48,011 $ 37,563 $50,212 Long-term investments 1,000 4,750 Plant assets, net 89,16394,63855, 395 Total assets $ 137, 174 $ 133,201 $110,357 Liabilities and Equity Current liabilities $ 20,027 $ 19,847 $ 19,312 Common stock 70,000 70,000 52,000 Other paid-in capital 8,750 8,750 5,778 Retained earnings 38,397 34,60433, 267 Total liabilities and equity $ 137, 174 $ 133,201 $ 110,357 Required: 1. Complete the below table to calculate each year's current ratio. Current Ratio Choose Denominator: Choose Numerator: 2018: 2017: 2016: Current ratio Current ratio 0 to 1 0 to 1 0 to 1