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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 $ 412,315 $

Selected comparative financial statements of Korbin Company follow.

KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31
2021 2020 2019
Sales $ 412,315 $ 315,867 $ 219,200
Cost of goods sold 248,214 199,312 140,288
Gross profit 164,101 116,555 78,912
Selling expenses 58,549 43,590 28,934
Administrative expenses 37,108 27,796 18,194
Total expenses 95,657 71,386 47,128
Income before taxes 68,444 45,169 31,784
Income tax expense 12,731 9,260 6,452
Net income $ 55,713 $ 35,909 $ 25,332

KORBIN COMPANY
Comparative Balance Sheets
December 31
2021 2020 2019
Assets
Current assets $ 60,569 $ 40,539 $ 54,192
Long-term investments 0 1,200 3,770
Plant assets, net 110,773 100,594 59,961
Total assets $ 171,342 $ 142,333 $ 117,923
Liabilities and Equity
Current liabilities $ 25,016 $ 21,208 $ 20,637
Common stock 67,000 67,000 49,000
Other paid-in capital 8,375 8,375 5,444
Retained earnings 70,951 45,750 42,842
Total liabilities and equity $ 171,342 $ 142,333 $ 117,923

Required: 1. Complete the below table to calculate each year's current ratio.

2. Complete the below table to calculate income statement data in common-size percents. (Round your percentage answers to 2 decimal places.)

3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year. (Round your percentage answers to 2 decimal places.)

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