Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 Sales $ 513,889 $ 393,681 Cost of goods sold 309,361 248,019 Gross profit 204,528 145,662 Selling expenses 72,972 54,328 Administrative expenses 46,250 34,644 Total expenses 119,222 88,972 Income before taxes 85, 306 56,690 Income tax expense 15,867 11,621 Net income $ 69,439 $ 45,069 2019 $ 273, 200 174,848 98,352 36,062 22,676 58,738 39,614 8,042 $ 31,572 2019 KORBIN COMPANY Comparative Balance Sheets December 31 2021 2020 Assets Current assets $ 58,122 $ 38,901 Long-term investments 0 500 Plant assets, net 109,617 99,939 Total assets $ 167,739 $ 139,340 Liabilities and Equity Current liabilities $ 24,490 $ 20,762 Common stock 65,000 65,000 Other paid-in capital 8,125 8,125 Retained earnings 70,124 45,453 Total liabilities and equity $ 167,739 $ 139,340 $ 52,001 4,630 58,812 $ 115,443 $ 20,203 47,000 5, 222 43,018 $ 115,443 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 % % 100.00 % Liabilities and Equity Current liabilities % % 100.00 % Common stock 100.00 Other paid-in capital 100.00 100.00 Retained earnings Total liabilities and equity % % 100.00 %