Sheet1Korbin CompanyComparative Income StatementsFor years ended December 31, 20x4, 20x3, and 20x220x420x320x2Sales:Cost of goods sold:Gross profit:Selling expenses:Administrative expenses:Total expenses:Income before taxes:Income taxes:Net income:Korbin CompanyComparative Balance SheetsDecember 31, 20x4, 20x3, and 20x2Assets: 20x420x320x2Current assets:Long-term investments:Plant assets, net:Total assets:Liabilities and Equity:Current liabilities:Common stock:Other paid in capital:Retained earnings:Total Liabilities+ Equity: .