Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2019, 2018, and 2017 2019 2018 2017 Sales $ 524,799 $ 402,039 $ 279,000 Cost of goods sold 315,929 251,676 178,560 Gross profit 208,870 150,363 100,440 Selling expenses 74,521 55,481 36,828 Administrative expenses 47,232 35, 379 23,157 Total expenses 121,753 90,860 59,985 Income before taxes 87,117 59,503 40, 455 Income tax expense 16, 204 12,198 8,212 Net income $ 70,913 $ 47,305 $ 32, 243 2017 KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 2018 Assets Current assets $ 56,898 $ 38,082 Long-term investments 900 Plant assets, net 105,669 96,062 Total assets $ 162,567 $ 135,044 Liabilities and Equity Current liabilities $ 23,735 $ 20,122 Common stock 63,990 63,000 Other paid-in capital 7,875 7,875 Retained earnings 67,957 44,847 Total liabilities and equity $ 162,567 $ 135, 044 $ 50,907 4,720 56,257 $ 111,884 $ 19,589 45,000 5,000 42,304 $ 111,884 3. Complete the below table to calculate the balance sheet data in trend percents with 2017 as base year. answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2019, 2018 and 2017 2019 2018 2017 Assets 10000/ 100 00 Current assets Long-term investments Plant assets, net Total assets Liabilities and Equity 100.00 100 00 % Current liabilities Common stock Other paid in capital 100.00% 100.00 100 00 100.00 100.00% Retained earnings Total liabilities and equity $