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 $385,981 $ 295,693 $ 205,200 Cost of goods sold 232,361 187,174 131,328 Gross profit 153,620 108,519 73,872 Selling expenses 54,809 40,806 27,086 Administrative expenses 34,738 26,021 17,032 Total expenses 89,547 66,827 44,118 Income before taxes 64,073 41,692 29,754 Income taxes 11,918 8,547 6,040 Net income $ 52,155 $ 33,145 $ 23,714 KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2017 2016 2015 Assets Current asseto $. 48,409 $ 37,874 $ 50,629 Long-term investments 0 800 4,310 Plant assets, net 91,299 96,988 57,457 Total assets $ 139,708 $135,662 $112,396 Liabilities and Equity Current liabilities $ 20,397 $ 20,214 $ 19,669 Common stock 64,000 64,000 46,000 Other paid-in capital 8,000 8,000 5,111 Retained earnings 47,311 43,448 41,616 Total liabilities and equity $ 139,708 $ 135,662 $112,396 2. Complete the below table to calculate income statement data in common size percent. (Round your percentage answers to 2 decimal places.) 2015 KORDIN COMPANY Common bure Comparative Income Statements For Year Ended December 31, 2017, 2016 and 2013 2017 2016 fales Coat of goods sold Gross profit telling expenses Administrative expenses Total expenses Income before take Income taxe Not income