Sales Cost of goods sold Gross profit KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 $ 404,039 $ 309,527 Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income 2019 $ 214,800 243,231 195,621 137,472 160,808 113,906 77,328 57,374 42,715 28,354 36,364 27,238 17,828 93,738 69,953 46,182 67,070 43,953 31,146 12,475 9,010 6,323 $ 54,595 $ 34,943 $ 24,823 KORBIN COMPANY Comparative Balance Sheets December 31 2021 Total assets Current liabilities Assets Current assets Long-term investments Plant assets, net Liabilities and Equity Common stock Other paid-in capital Retained earnings Total liabilities and equity $ 163,287 $ 135,641 $ 57,150 2020 $ 38,251 1,100 96,290 8 106,137 $ 163,287 $ 135,641 $ 23,840 67,000 8,375 64,072 $ 20,211 67,000 8,375 40,055 2019 $ 51,132 3,830 57,417 $ 112,379 $ 19,666 49,000 5,444 38,269 $ 112,379 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year. Note: Round your percentage answers to 2 decimal places. Assets KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2021, 2020 and 2019 2021 2020 2019 Current assets % % 100.00 % Long-term investments 100.00 Plant assets, net 100.00 Total assets % %6 100.00 % Liabilities and Equity Current liabilities % % 100.00 % Common stock 100.00 Other paid-in capital 100.00 Retained earnings 100.00 Total liabilities and equity % % 100.00 %