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Selected comparative financial statements of Korbin Company follow: KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2017, 2016, and 2015 2017 2016 2015

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Selected comparative financial statements of Korbin Company follow: KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2017, 2016, and 2015 2017 2016 2015 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income taxes Net income 534,768 409,676284,300 R 937150 25 48,129 321,930 259,325 181,952 102,348 37,528 23,597 61,125 41,223 212,838 150,351 75,937 56,535 36,051 92,586 57,765 16,51211,842 8368 124,066 88,772 $ 72,260 45,923 32,855 KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2017 2016 2015 Assets Current assets Long-term investments Plant assets, net Total assets $53,097 41,542 55,532 4,930 60,379 $150,205 145,855 120,841 900 97.108 103,413 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity $ 21,930 21,732 21,147 52,000 5, 778 49,525_45,373 41,916 $150,205 $145,855 120,841 70,000 8,750 70,000 8,750 3. Complete the below table to calculate the balance sheet data in trend percents with 2015 as the base year. (Round your percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2017, 2016 and 2015 2017 2016 2015 Assets Current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity 100.00 % 100.00 100.00 100.00 % 100.00 % 00.00 00.00 00.00 100.00 %

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