Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2020 2021 $ 518,780 $ 397,428 312,306 249,187 206,474 73,667 46,690 120,357 86, 117 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income Assets Current assets Long-term investments Plant assets, net Total assets KORBIN COMPANY Comparative Balance Sheets Liabilities and Equity Current liabilities 148, 241 54,845 34,974 89,819 58,422 16,018 11,976 $ 70,099 $ 46,446 December 31 Common stock Other paid-in capital Retained earnings Total liabilities and equity 2021 $ 54,058 0 100,394 $ 154,452 $ 22,550 65,000 8,125 58,777 $ 154,452 2020 2019 $ 275,800 176,512 99,288 36,406 22,891 59,297 39,991 8,118 $31,873 $36,181 600 91,522 $ 128,303 $ 19,117 65,000 8,125 36,061 $ 128,303 2019 $ 48,366 3,280 54,653 $ 106,299 $ 18,602 47,000 5,222 35,475 $ 106,299 Prepare a common size comparative income statement