Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2021, 2020, and 2019 2021 2020 2019 Sales $ 499,782 $ 382,874 $ 265,700 Cost of goods sold 300,869 243, 125 170,048 Gross profit 198, 913 139,749 95,652 Selling expenses 70,969 52, 837 35,072 Administrative expenses 44,980 33,693 22,053 Total expenses 115,949 86, 530 57, 125 Income before taxes 82,964 53,219 38,527 Income tax expense 15,431 10,910 7, 821 Net income $ 67,533 $ 42,309 $ 30,706 2019 KOREIN COMPANY Comparative Balance Sheets December 31, 2021, 2020, and 2019 2021 2020 Assets Current assets $ 60, 724 $ 40, 643 Long-term investments 0 Plant assets, net 111,055 101, 653 Total assets $ 171,779 $ 142, 696 Liabilities and Equity Current liabilities $ 25,080 $ 21,262 Common stock 66,000 66,000 Other paid-in capital 8,250 8,250 Retained earnings 72,449 47,184 Total liabilities and equity $ 171,779 $ 142, 696 $ 54,330 3,870 60,024 $ 118, 224 $ 20,689 48,000 5,333 44,202 $ 118, 224 Problem 17-2A (Algo) Part 3 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.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2021, 2020 and 2019 2021 2020 2019 Assets Current assets % 100.00 % Long-term investments 100.00 Plant assets, net 100.00 Total assets 96 % 100.00 % Liabilities and Equity Current liabilities 96 100.00% 100.00 Common stock Other paid-in capital 100.00 100.00 Retained earnings Total liabilities and equity % % 100.00 %