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View History Bookmarks Window Help 4) 17% D T Help Save & Exi Required information The following information applies to the questions displayed below Selected

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View History Bookmarks Window Help 4) 17% D T Help Save & Exi Required information The following information applies to the questions displayed below Selected comparative financial statements of Korbin Company follow Comparative Income Statenents For Years Ended Decenber 31, 2017, 2016, and 2015 2017 20162015 $442,411 338,923 235,200 66.331-214,877 150,529 176,080 124,046B4,672 46,771 Cost of gooda sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income taxes Net incone 31,046 4,104 $ 59,781 $ 37,723 27,181 62,822 6.596 47,450 KORBIN COMPANY Comparative Balance Sheets Decesber 31, 2017, 2016, and 2015 2017 2016 2015 46,838 $ 36,645 $ 48,986 Current tong-tern investnents Plant assets,net Total assets Liabilities and Equity 900 $131,199 127,399 105,550 20

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