Question
Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2021, 2020, and 2019 2021 2020 2019
Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2021, 2020, and 2019 2021 2020 2019 Sales $ 393,129 $ 301,169 $ 209,000 Cost of goods sold 236,664 190,038 133,760 Gross profit 156,465 111,131 75,240 Selling expenses 55,824 41,561 27,588 Administrative expenses 35,382 26,503 17,347 Total expenses 91,206 68,064 44,935 Income before taxes 65,259 43,067 30,305 Income tax expense 12,138 8,829 6,152 Net income $ 53,121 $ 34,238 $ 24,153 KORBIN COMPANY Comparative Balance Sheets December 31, 2021, 2020, and 2019 2021 2020 2019 Assets Current assets $ 63,022 $ 42,180 $ 56,385 Long-term investments 0 1,100 3,200 Plant assets, net 115,257 104,815 63,112 Total assets $ 178,279 $ 148,095 $ 122,697 Liabilities and Equity Current liabilities $ 26,029 $ 22,066 $ 21,472 Common stock 67,000 67,000 49,000 Other paid-in capital 8,375 8,375 5,444 Retained earnings 76,875 50,654 46,781 Total liabilities and equity $ 178,279 $ 148,095 $ 122,697
PLEASE HELP!!
NEED ASSET PERCENTS FOR EACH YEAR
NEED LIABILITIES AND EQUITY PERCENTS FOR EACH YEAR
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