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Selected comparative financial statements of Korbin Company follow

Complete the below table to calculate the balance sheet data in trend percents with 2013 as the base year.

View Zoom Highlight Rotate Markup Search Zoom Highlight Rotate Markup KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2015, 2014, and 2013 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.) 2013 Sales Cost of goods sold $555,000 $ 340,000 278,000 153,900 KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2015, 2014, 2013 283,500 212,500 Gross profit Selling expenses Administrative expenses 271,500 102,900 50,668 127,500 46,920 29,920 124,100 50,800 22,800 2015 2014 Assets Current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Common stock Other paid-in capital Total expenses 153,568 76,840 73,600 100.00 % 00.00 100.00 100.00% Income before taxes Income taxes 117,932 40,800 50,660 10,370 50,500 15,670 Net income $ 77132 $40,29034,830 $7713240,290 $34,830 100.00 % 100.00 100.00 100.00 100.00 % | 0 KORBIN COMPANY Comparative Balance Sheets December 31, 2015, 2014, and 2013 2014 2013 Assets Current assets Long-term investments Plant assets, net $ 52,390 37,924 $51,748 52,390 37924 51748tind earnings Retained eanings Retained earnings 0 100,000 500 96,000 3,950 60,000 Total liabilities and equity 0 0 Total assets $152,390 $134,424 $115,698 Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings $22,800 19,960 20,300 60,000 6,000 29,398 $ 22,800$ 19,960 $20,300 72,000 9,000 48,590 72,000 9,000 33,464 Total liabilities and equity $152,390 134,424115,698 $152,390 $134,424 $115,698