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Required information The following information applies to the questions displayed below.) Selected comparative financial statements of Korbin Company follow, of 0.25 KORDIN COMIANY Comparative Income

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Required information The following information applies to the questions displayed below.) Selected comparative financial statements of Korbin Company follow, of 0.25 KORDIN COMIANY Comparative Income Statementa Tor Year Ended December 31, 2021, 2020, and 2019 2021 2020 2019 Sales $ 385,605 $ 295,405 $ 205,000 Cont of goods sold 232,134 186, 401 131,200 Gross profit 153,471 109,004 73,800 Selling expenses 54,756 40,766 27,060 Administrative expenses 34,704 25,996 17,015 Total expenses 89,460 66,762 44,075 Income before taxes 64,011 42,242 29,725 Income tax expense 11,906 8,660 6,034 Not Income $ 32,105 S 33,582 $ 23,691 2019 KORBIN COMPANY comparative Balance Sheets December 31, 2021, 2020, and 2019 2021 2020 Assets Current sets $ 54,666 $ 36,588 Long-term investmenta 0 1,200 plant assets, bet 101.523 91,957 Total assets 5 156,189 $ 129,745 Liabilities and Equity Current liabilities $ 22,004 $ 19,332 Common stock 70,000 70,000 other paid-in capital 8,750 8.750 Hetained earnings 34.635 31.663 Total Talities and equity $ 156,189 $ 129,745 $ 48,910 4,580 54,004 $ 107, 494 $ 18,811 52,000 3,778 30.905 $ 107, 494 3. Complete the below table to calculate the balance sheet data in trennt answers to 2 decimal na art 3 of 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year. (Round your percentag answers to 2 decimal places.) 00:03:12 KORSIN COMPANY Balance Sheet Data in Trend Percents December 31, 2021 2020 and 2019 2021 2020 2019 % 100.00 % 100.00 100.00 100.00% % | Assets Current assets Long-term investments Plant assets.net Total assets Liabilities and Equity Current liabilities Commons Other paid in capital Renderings Tobie ndeguilty 100.00 % 100.00 100.00 100.00 100.00%

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