Selected comparative financial statements of Korbin Company follow KORSIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 Sales $ 508,434 $ 389,502 Cost of goods sold 306,077 246,165 Gross profit 202,357 143,337 Selling expenses 72,198 53,751 Administrative expenses 45,759 34,276 Total expenses 117,957 88,027 Income before taxes 84,400 55,310 Income tax expense 15,698 11,338 Net income $ 68,702 $ 43,972 2019 $ 270,300 172,992 97,308 35,680 22,435 58.115 39,193 7,956 $ 31,237 2019 KORBIN COMPANY Comparative Balance Sheets December 31 2021 2020 Assets Current assets $ 58,812 $ 39, 363 Long-term investments @ 1,180 plant assets, net 107,558 92.240 Total assets $ 166,370 $ 135,203 Liabilities and Equity Current liabilities $ 24,290 $ 20,592 Common stock 68,000 68,000 Other paid in capital 8.500 8,500 Retained earnings 65,580 41,111 Total liabilities and equity 5 166,370 $ 138,203 $ 52,619 13,280 58,602 $ 114,501 $ 20,038 50,000 5,556 38,907 $ 114,501 3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year (Round your percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2021, 2020 and 2019 2021 2020 2019 Assets Current assets 100.00% Long-term investments 100.00