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selected comparative financial statements of Korbin Company follow.

Check my world KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2019, 2018, and 2017 2019 2018 2017 Sales $ 460, 281 $352, 613 $244,700 Cost of goods sold 277,089 221,088 156, 608 Gross profit 183,192 131,525 88,092 Selling expenses 65,360 48, 661 32,300 Administrative expenses 41,425 31,030 20,310 Total expenses 106, 785 79,691 52, 610 Income before taxes 76,407 51,834 35,482 Income tax expense 14,212 10, 626 7, 203 Net income $ 62,195 $ 41,208 $ 28, 279 20171 KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 2018 Assets Current assets $ 62,795 $ 42,029 $ 56,183 Long-term investments 0 700 3,090 Plant assets, net 113, 102 103, 388 61,785 Total assets $175,897 6146, 117 $121, 058 Liabilities and Equity Current liabilities $ 25, 681 $ 21,771 $ 21,185 Common stock 64,000 64,000 46,000 Other paid-in capital 8,000 8,000 5,111 Retained earnings 78,216 52, 346 48,762 Total liabilities and equity $175, 897 $146, 117 $121,058 3. Complete the below table to calculate the balance sheet data in trend percents with 2017 as base year. (Round your percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2019, 2018 and 2017 2019 2018 2017 Assets Current assets Long-term investments Plant assets, net % % 100.00 % 100.00 13.00 100.00 % Total assets % % % % Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity 100.00 % 100.00 100.00 100.00 100.00 % % %