complete the table to calculate income statement data in common size percents

KORDIN COMPANY Comparative Income Statements For Years Ended December 31, 2019 2018, and 2017 2019 2018 2017 Sales $ 452,945 $ 346,993 $ 240,899 Cost of goods sold 272,673 217,565 154,112 Gross profit 180,272 129,428 86,688 Selling expenses 64,318 47,885 31,786 Administrative expenses 40,765 30,535 19,986 Total expenses 105,083 78,420 51,772 Income before taxes 75,189 51,008 34,916 Income tax expense 13,985 10,457 7,088 Net income $ 61,204 $ 40,551 $ 27,828 2018 2017 KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 Assets current assets $ 54,364 Long term investments Plant assets, net 99,423 Total assets $ 153,787 Liabilities and Equity Current liabilities $ 22,453 Common stock 68,000 Other paid in capital 8,500 Retained earnings 54, 834 Total liabilities and equity $ 153,787 $ 36,386 900 90,464 $ 127,750 $ 48,639 3,410 53,792 $ 185,841 $ 19,035 68. Bee 8.500 32,215 $ 127,750 $ 18,522 5e, eee 5,556 31,763 S 105,841 NI ework Saved Help S: 2 Complete the below table to calculate income statement data in common-size percents. (Round your percentage answers to 2 decimal places.) 2017 % KORBIN COMPANY Common-Sire Comparative Income Statements For Years Ended December 31, 2019, 2018, and 2017 2019 2018 Sales % % Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense % Net income % Prey Next > 1 of 2 !!! o