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 $493,010 $377,686 $262,100 Cost of goods sold 296,792 236,809 167,744 Gross profit 196,218 140,877 94,356 Selling expenses 70,007 52,121 34,597 Administrative expenses 44,371 33,236 21,754 Total expenses 114,378 85,357 56,351 Income before taxes 81,840 55,520 38,005 Income tax expense Net income 15,222 11,382 7,715 $ 66,618 $ 44,138 $ 30,290 Assets Current assets KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 2018 2017 $ 58,945 $ 39,452 $ 52,738 Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Common stock 0 111,171 1,000 100,862 4,910 59,431 $170,116 $141,314 $117,079 $ 24,837 $ 21,056 $ 20,489 68,000 68,000 50,000 KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017. Assets Total assets Current liabilities Current assets Long-term investments Plant assets, net Liabilities and Equity Common stock $ 24,837 $ 21,056 68,000 2019 $ 58,945 0 111, 171 $170,116 2018 $ 39,452 1,000 100,862 $141,314 2017 $ 52,738 4,910 59,431 $117,079 $ 20,489 50,000 68,000 Other paid-in capital 8,500 8,500 5,556 Retained earnings 68,779 43,758 41,034 Total liabilities and equity $170,116 $141,314 $117,079 3. Complete the below table to calculate the balance sheet data in trend percents with 2017 as base year. (Round you percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2019, 2018 and 2017 2019 2018 2017 Assets Current assets Long-term investments Plant assets, net Total assets % 0.00 % 100.00 % 100.00 100.00 % % 100.00 % Liabilities and Equity Current liabilities % % 100.00 % 100.00 Common stock Other paid-in capital 100.00 100.00 Retained earnings % % 100.00 % Total liabilities and equity