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Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 2019 Sales $ 412,880 $

Selected comparative financial statements of Korbin Company follow.

KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31
2021 2020 2019
Sales $ 412,880 $ 316,300 $ 219,500
Cost of goods sold 248,554 199,585 140,480
Gross profit 164,326 116,715 79,020
Selling expenses 58,629 43,649 28,974
Administrative expenses 37,159 27,834 18,219
Total expenses 95,788 71,483 47,193
Income before taxes 68,538 45,232 31,827
Income tax expense 12,748 9,272 6,461
Net income $ 55,790 $ 35,960 $ 25,366
KORBIN COMPANY
Comparative Balance Sheets
December 31
2021 2020 2019
Assets
Current assets $ 57,517 $ 38,497 $ 51,461
Long-term investments 0 800 3,070
Plant assets, net 103,596 94,539 56,352
Total assets $ 161,113 $ 133,836 $ 110,883
Liabilities and Equity
Current liabilities $ 23,522 $ 19,942 $ 19,405
Common stock 67,000 67,000 49,000
Other paid-in capital 8,375 8,375 5,444
Retained earnings 62,216 38,519 37,034
Total liabilities and equity $ 161,113 $ 133,836 $ 110,883

. Complete the below table to calculate each year's current ratio

Complete the below table to calculate income statement data in common-size percents.

Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year.

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