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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 $ 464,983 $

Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 2019 Sales $ 464,983 $ 356,215 $ 247,200 Cost of goods sold 279,920 225,484 158,208 Gross profit 185,063 130,731 88,992 Selling expenses 66,028 49,158 32,630 Administrative expenses 41,848 31,347 20,518 Total expenses 107,876 80,505 53,148 Income before taxes 77,187 50,226 35,844 Income tax expense 14,357 19,296 7,276 Net income $ 62,830 $ 39,930 $ 28,568 Assets Current assets Long-term investments Plant assets, net Total assets KORBIN COMPANY Comparative Balance Sheets December 31 2021 2028 $ 63,167 115.524 $ 42,278 600 105,560 5 178.691 $ 148,438 2019 $ 56,516 3,970 62,495 $122,981 Current liabilities Liabilities and Equity Common stock S 26,089 Other paid-in capital Retained earnings 66.999 8.250 78,352 S22,117 66,000 8.250 52.971 3 21,522 48,000 5,333 48.126 Total liabilities and equity $178.691 S148 438 $ 122.981 3 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year. (Round answers to 2 decimal places.) ok Assets KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2021, 2020 and 2019 2021 2020 2019 Current assets Long-term investments % 96 100.00 % 100.00 Plant assets, net 100.00 Total assets % %6 100.00 % ences Liabilities and Equity Current liabilities % % 100.00 % Common stock 100.00 Other paid-in capital Retained earnings Total liabilities and equity 100.00 100.00 % % 100.00 % your percentage

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