[The following information applies to the questions displayed below.] Selected comparative financial statements of Korbin Company follow. Sales KORBIN COMPANY Comparative Income Statements For Years Ended December 31 2021 2020 $ 563,171 $ 431,435 2019 Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income $ 299,400 339,029 270,941 191,616 224,142 160,494 107,784 79,970 59,538 39,521 50,685 37,966 24,850 130,655 97,504 64,371 93,487 62,990 43,413 17,389 12,913 8,813 $ 76,098 $ 50,077 $ 34,600 KORBIN COMPANY Comparative Balance Sheets December 31 2021 Assets Current assets Long-term investments Plant assets, net Total assets Current liabilities Liabilities and Equity Common stock Other paid-in capital $ 54,964 0 100,522 $ 155,486 $ 129,161 Retained earnings $ 22,701 69,000 8,625 55,160 Total liabilities and equity $ 155,486 $ 129,161 2020 $ 36,788 1,000 91,373 $ 19,245 69,000 8,625 32,291 2019 $ 49,176 3,030 54,804 $ 107,010 $ 18,727 51,000 5,667 31,616 $ 107,010 3. Complt 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.) Assets Current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2021, 2020 and 2019 2021 % 2020 2019 % 100.00% 100.00 100.00 100.00% % 100.00 100.00 100.00 100.00 % 100.00%