[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, 2019, 2018, and 2017 2019 2018 2017 Sales $ 393,505 $ 301,457 $ 209,200 Cost of goods sold 236, 890 191, 124 133,888 Gross profit 156,615 110,333 75,312 Selling expenses 55,878 41,601 27,614 Administrative expenses 35, 415 26,528 17,364 Total expenses 91, 293 68, 129 44,978 Income before taxes 65, 322 42,204 30,334 Income tax expense 12,150 8,652 6,158 Net income $ 53,172 $ 33,552 $ 24,176 KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 2018 2017 Assets Current assets $ 62,061 $ 41,538 $ 55, 526 Long-term investments 0 1,000 4,750 Plant assets, net 111,779 101,870 59,366 17 Qan e 144 ANO 0110 642 mad f3 KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 2018 2017 Assets Current assets $ 62,061 $ 41,538 $ 55,526 Long-term investments 0 1,000 4,750 Plant assets, net 111,779 101,870 59,366 Total assets $ 173,840 $ 144,408 $ 119,642 Liabilities and Equity Current liabilities $ 25,381 $ 21,517 Common stock $ 20,937 64,000 64,000 Other paid-in capital 46,000 Retained earnings 8,000 8,000 5,111 76,459 50,891 47,594 Total liabilities and equity $ 173,840 $144,408 $ 119,642 ok nces Required: 1. Complete the below table to calculate each year's current ratio. Choose Numerator: Current Ratio Choose Denominator: 1 Current ratio 2019 11 2018 / 2017 Current ratio 0 to 1 0 to 1 0 to 1 =