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Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 Sales Cost of goods sold Gross profit
Selected comparative financial statements of Korbin Company follow. KORBIN COMPANY Comparative Income Statements For Years Ended December 31 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income Assets Current assets Long-term investments Plant assets, net Total assets 2021 2020 $ 541,540 $ 414,864 326,007 260,120 154,744 57,251 36,508 215,533 76,899 48,739 125,638 89,895 16,720 $ 73,175 KORBIN COMPANY Comparative Balance Sheets December 31 2021 93,759 60,985 12,502 $ 48,483 $61,190
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