Selected comparative financial statements of Korbin Company follow:

KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2015, 2014, and 2013
			2015				2014				2013
Sales		$	521,413			$	399,445			$	277,200
Cost of goods sold			313,891				251,251				177,408
Gross profit			207,522				148,194				99,792
Selling expenses			74,041				55,123				36,590
Administrative expenses			46,927				35,151				23,008
Total expenses			120,968				90,274				59,598
Income before taxes			86,554				57,920				40,194
Income taxes			16,099				11,874				8,159
Net income		$	70,455			$	46,046			$	32,035

KORBIN COMPANY
Comparative Balance Sheets
December 31, 2015, 2014, and 2013
			2015				2014				2013
Assets
Current assets		$	51,158			$	40,025			$	53,504
Long-term investments			0				1,000				4,800
Plant assets, net			93,560				99,501				58,122
Total assets		$	144,718			$	140,526			$	116,426
Liabilities and Equity
Current liabilities		$	21,129			$	20,938			$	20,375
Common stock			71,000				71,000				53,000
Other paid-in capital			8,875				8,875				5,889
Retained earnings			43,714				39,713				37,162
Total liabilities and equity		$	144,718			$	140,526			$	116,426

Required 1. Complete the below table to calculate each year's current ratio. Current Ratio Current ratio = | Current ratio Choose Numerator: Choose Denominator: 2015 2014 2013 ix) 1 to 1 to 1