Problem $13-2$A $($Algo$)$ Ratios, common$-$size statements, and trend percents LO P$1,$ P$2,$ P$3$

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Selected comparative financial statements of Korbin Company follow.

$\backslash$table$[[$KORBIN COMPANY$],[$For Years Ended December $31,2020,2019,$ and $2018,,,],[,2020,2019,2018],[$Sales$,$$$23,789,324,657,225,300],[$Cost of goods sold,$255,121,203,885,144,192],[$Gross profit,$168,668,120,772,81,108],[$Selling expenses,$60,178,44,803,29,740],[$Administrative$,38,141,28,570,18,700],[$expenses$,98,319,73,373,48,440],[$Total expenses,$70,349,47,399,32,668],[$Income before taxes,$13,085,9,717,6,632],[$Income tax expense,$$57,264,$$$37,682,$$$26,036],[$Net income,,,$]]$

$\backslash$table$[[$KORBIN COMPANY$],[$Comparative Balance Sheets$],[$December $31,2020,2019,$ and $2018,,,],[$Assets$,2020,2019,2018],[$Current assets,$$64,025,$$$42,852,$$$57,283],[$Long$-$term investments,$0,900,4,910],[$Plant assets, net,$115,316,105,226,61,235],[$Total assets,$$,$$$,$$$],[$Liabilities and Equity,$179,341,148,978,123,428],[$Current liabilities,$$26,184,22,198,21,600],[$Common stock,$67,000,67,000,49,000],[$Other paid$-$in capital,$8,375,8,375,5,444],[$Retained earnings,$77,782,51,405,47,384],[$Total liabilities and,$$,$$$,$$$],[$equity$,179,341,148,978,123,428]]$

blem $13-2$A $($Algo$)$ Part $1$

uired:

mplete the below table to calculate each year's current ratio.