Selected comparative financial statements of Korbin Company follow. KORDIN COMPANY Comparative Income Statements For Years Ended December 31, 2021, 2020, and 2019 2021 2020 2019 Sales $ 560, 350 $ 429,274 $ 297,900 Cost of goods sold 337,331 270.013 190,656 Gross profit 223,019 159,261 107,244 Selling expenses 79,570 59,240 39,323 Administrative expenses 50,432 37276 24,726 Total expenses 130,002 97,016 64,049 Income before taxes 93,017 62,245 43,195 Income tax expense 17.301 12,760 3.769 Net income $ 75,716 $ 49,485 $ 34,426 KORBIN COMPANY Comparative Balance Sheets December 31, 2021, 2020, and 2019 2021 2020 2019 Assets Current assets $ 57,441 $ 38,446 $ 52,393 Long-term investments 700 3,750 Plant assets, net 105,052 95.836 56.690 Total assets $ 162,493 $ 134,982 5111,833 Liabilities and Equity Current liabilities $ 23, 724 $ 20,112 $ 19,571 Common stock 68,000 68,000 50,000 Other paid-in capital 8,500 3,500 5,556 Retained carnings 62,269 38 370 36,706 Total liabilities and equity $ 162,493 $ 134,982 $ 111,833 2. Complete the below table to calculate income statement data in common-size percents (Round your percentage answers to 2 decimal places.) 2019 KORBIN COMPANY Common-Size Comparative Income Statements For Years Ended December 31, 2021, 2020, and 2019 2021 2020 Sales % % Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net Income %