| Korbin Company |
| Comparative Income Statements |
| For years ended December 31, 20x4, 20x3, and 20x2 |
| | | | 20x4 | | 20x3 | | 20x2 |
| Sales: |
| Cost of goods sold: |
| Gross profit: |
| Selling expenses: |
| Administrative expenses: |
| Total expenses: |
| Income before taxes: |
| Income taxes: |
| Net income: |
| Korbin Company |
| Comparative Balance Sheets |
| December 31, 20x4, 20x3, and 20x2 |
| Assets: | | | 20x4 | | 20x3 | | 20x2 |
| Current 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: |