selected comparative financial statements of Korb

Please answer all parts of question

Comparative Income Statenents Years Ended December 31, 2017, 2016, and 201s 2017 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income taxes Net income 428,868 328,548 $ 228,000 145,920 82,080 30,896 18,924 49,020 33,060 6,711 $57,95e$37,873 $26,349 258,179 17e,689 60,899 206,657 121,891 45,340 28,912 74,252 47,639 9,766 99 49711 71,192 13,242 KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2015 Assets Current assets Long-term investments Plant assets, net Total assets $ 50,934$39,849 $53,269 3,610 1,800 93,150 99,062 144,084 $ 139,911$115,916 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity $ 21,036 20,847$28,285 48,000 5,333 44,814 42,298 $ 144,084 $ 139,911$115,916 66,000 8,250 48.798 66,800 8,250 Required: 1. Complete the below table to calculate each years current ratio Choose Numerator: Choose Denominator: Current ratio Current ratio 2017 2016 2015 0 to 1 0 to 1 0 to 1