[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, 2017, 2016, and 2015 2017 2016 2015 Sales $ 450,500 $ 345,120 $ 239,500 Cost of goods sold 271,201 216,390 153,280 Gross profit 179,299 128,730 86,220 Selling expenses 63,971 47,627 31,614 Administrative expenses 40,545 30, 371 19,879 Total expenses 104,516 77,998 51,493 Income before taxes 174,783 50,732 34, 727 Income taxes 13,910 10,400 7,050 Net income $ 60,873 $ 40,332 $ 27,677 KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2017 2016 2015 Assets Current assets $ 54,152 $ 42,368 $ 56,635 Long-term investments 1,0003 . 110 Plant assets, net 99,037 105, 384 63,496 Total assets $ 153,189 $ 148,752 $123,241 Liabilities and Equity Current liabilities $ 22, 366 $ 22,164 $ 21,567 Common stock 71,000 71,000 53,000 Other paid-in capital 8,875 8,875 5,889 Retained earnings 50,948 46,713 42,785 Total liabilities and equity $ 153, 189 $ 148, 752 $ 123,241 3. Complete the below table to calculate the balance sheet data in trend percents with 2015 as the base year. (Round your percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2017, 2016 and 2015 2017 2016 2015 Assets 100.00 % 100.00 1,100.00 100,00 % 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 100.00 % 100.00 100.00 100.00 100.00%