[The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow: KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2015, 2014, and 2013 2015 2014 2013 Sales $ 377,329 $ 289,065 $ 200,600 Cost of goods sold 227,152 183,267 128,384 Gross profit 150,177 105,798 72,216 Selling expenses 53,581 39,891 26,479 Administrative expenses 33,960 25,438 16,650 Total expenses 87,541 65,329 43,129 Income before taxes 62,636 40,469 29,087 Income taxes 11,650 8,296 5,905 Net income $ 50,986 $ 32,173 $ 23,182 KORBIN COMPANY Comparative Balance Sheets December 31, 2015, 2014, and 2013 2015 2014 2013 Assets Current assets $ 49,486 $ 38,717 $ 51,755 Long-term investments 0 400 3,810 Plant assets, net 90,502 96,817 57,056 Total assets $ 139,988 $ 135,934 $ 112,621 Liabilities and Equity Current liabilities $ 20,438 $ 20,254 $ 19,709 Common stock 68,000 68,000 50,000 Other paid-in capital 8,500 8,500 5,556 Retained earnings 43,050 39,180 37,356 Total liabilities and equity $ 139,988 $ 135,934 $ 112,621

2. Complete the below table to calculate income statement data in common-size percents. (Round your percentage answers to 2 decimal places.)

3. Complete the below table to calculate the balance sheet data in trend percents with 2013 as the base year. (Round your percentage answers to 2 decimal places.)