Saved 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 $ 480,784 $ 368, 320 $ 255,600 Cost of goods sold 289,432 230,937 163,584 Gross profit 191,352 137, 383 92,016 Selling expenses 68,271 52,828 33,739 Administrative expenses 43,271 32,412 21, 215 Total expenses 111,542 83,240 54,954 Income before taxes 79,810 54, 143 37,062 Income taxes 14,845 11,099 7,524 Net income $ 64,965 $ 43,044 $ 29,538 KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2016 2015 KORBIN COMPANY Comparative Balance Sheets December 31, 2017, 2016, and 2015 2017 Assets Current assets $ 45,186 Long-term investments Plant assets, net 86,551 Total assets $ 131, 737 Liabilities and Equity Current liabilities $ 19,234 Common stock 65,000 Other paid-in capital 8,125 Retained earnings 39,378 Total liabilities and equity $ 131, 737 $ 35,352 800 91,769 $ 127,921 $ 47,258 3,470 55,255 $ 105,983 $ 19,060 65, eee 8,125 35,736 $ 127,921 $ 18,547 47,000 5,222 35,214 $ 105,983 Complete the below table to calculate income statement data in common-size percents. (Rou 2. Complete the below table to calculate income statement data in common-size percents. (Round your per decimal places.) 2015 KORBIN COMPANY Common-Size Comparative Income Statements For Years Ended December 31, 2017, 2016, and 2015 2017 2016 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income taxes Net income