Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2012 and 23 2021 2012 Sales $ 95, $ Bee cost of goods sold 285 50 22 See Gross profit 21 see 12 Selling expenses 102 gee 46,92 Administrative expenses 50, 568 2992 Total expenses 153, 968 6. Hae Income before taxes 117 932 50,668 Income tax expense e seg 19, el Net income $7132 $me, 290 2019 ae 15 12 e Hae be deel See 15, ove B483 2019 KORBIN COMPANY comparative Balance Sheets December 31 2021, 2020 and 2019 2021 2020 Assets current assets $ 52, 59 $37.924 Long-term investments a se plant assets.net 180.000 96e Total assets 152,390 $134,424 Liabilities and Equity current liabilities $ 22,800 $ 19,980 common stock 22.09 72 000 Other paid-in capital 9.990 9.ee Retained earnings 48,590 331464 Total liabilities and equity 5 152, 399 $ 134 424 $ 1748 3,950 60 g $ 115698 $ 29 30 6e eee 6 eng 29398 $ 115, 698 2. Complete the below table to calculate income statement data in common-size percents. (Round your percentage ansu decimal places.) KORBIN COMPANY Common-Size Comparative Income Statements For Years Ended December 31, 2021, 2020, and 2019 2021 2020 2019 Sales %6 % % Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income 46 %