"Tre ronowiny normation appresome questioris ursprayeu verow.)" Selected comparative financial statements of Korbin Company follow: KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2018, 2017, and 2016 2018 2017 2016 Sales $ 433,759 $ 332,295 $ 230, 600 Cost of goods sold 261,123 209, 346 147,584 Gross profit 172,636 122,949 83,016 Selling expenses 61,594 45,857 30,439 Administrative expenses 39,038 29, 242 19,140 Total expenses 100,632 75,099 49,579 Income before taxes 72,004 47,850 33,437 Income tax expense 13,393 9,809 6,788 Net income $ 58,611 $ 38,041 $ 26,649 2017 2016 KORBIN COMPANY Comparative Balance Sheets December 31, 2018, 2017, and 2016 2018 Assets Current assets $ 47,782 Long-term investments 0 Plant assets, net 88, 737 Total assets $ 136,519 Liabilities and Equity Current liabilities $ 19,932 Common stock 66,000 Other paid-in capital 8,250 Retained earnings 42,337 Total liabilities and equity $ 136,519 $ 37, 383 500 94, 682 $ 132,565 $ 49,973 3,930 55,927 $ 109,830 $ 19,752 66,000 8,250 38,563 $ 132,565 $ 19,220 48,000 5,333 37,277 $ 109,830 3. Complete the below table to calculate the balance sheet data in trend percents with 2016 as the base year. (Round your percentage answers to 2 decimal places.) KORBIN COMPANY Balance Sheet Data in Trend Percents December 31, 2018, 2017 and 2016 2018 2017 2016 Assets Current assets % 100.00 % Long-term investments 100.00 Plant assets, net 100.00 Total assets % 100.00 % Liabilities and Equity Current liabilities % 100.00 % Common stock 100.00 Other paid-in capital 100.00 Retained earnings 100.00 Total liabilities and equity % % 100.00%