Selected comparative financial statements of Korbin Company follow: KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2017, 2016, and 2015 2017 2016 2015 Sales $ 482,288 $ 369,472 $ 256,400 Cost of goods sold 290,337 232,767 164,096 Gross profit 191,951 136,705 92,304 Selling expenses 68,485 50,987 33,845 Administrative expenses 43,406 32,514 21, 281 Total expenses 111,891 83,501 55, 126 Income before taxes 80,060 53,204 37,178 Income taxes 14,891 10,907 7,547 Net income $ 65, 169 $ 42,297 $ 29,631 KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2017 2016 2015 Assets Current assets $ 51,214 $ 40,069 $ 53,563 Long-term investments 900 3,640 Plant assets, net 93,664 99,713 59,352 Total assets 144,878 $ 140,682 $ 116,555 Liabilities and Equity Current liabilities $ 21,152 $ 20,962 $ 20,397 Common stock 63,000 Other paid-in capital 63,000 45,000 7,875 7,875 Retained earnings 5,000 52,851 48,845 46, 158 Total liabilities and equity $ 144,878 $ 140,682 $ 116,555 Required: 1. Complete the below table to calculate each year's current ratio. Current Ratio 1 Choose Denominator: Choose Numerator: = Current ratio Current ratio 2017 1111 2016 2015 to 1 to 1 to 1