Computation of the current ratio help

The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company.

NELSON COMPANY Unadjusted Trial Balance January 31, 2015
	Debit		Credit
Cash	$	26,400
Merchandise inventory		15,000
Store supplies		5,500
Prepaid insurance		2,200
Store equipment		42,500
Accumulated depreciationStore equipment			$	18,550
Accounts payable				16,000
Common stock				15,000
Retained earnings				24,000
Dividends		2,000
Sales				114,950
Sales discounts		1,900
Sales returns and allowances		2,200
Cost of goods sold		38,000
Depreciation expenseStore equipment		0
Salaries expense		31,800
Insurance expense		0
Rent expense		12,000
Store supplies expense		0
Advertising expense		9,000
Totals	$	188,500	$	188,500

Rent expense and salaries expense are equally divided between selling activities and the general and administrative activities. Nelson Company uses a perpetual inventory system.

Additional Information:
a.	Store supplies still available at fiscal year-end amount to $2,250.
b.	Expired insurance, an administrative expense, for the fiscal year is $1,750.
c.	Depreciation expense on store equipment, a selling expense, is $1,625 for the fiscal year.
d.	To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,500 of inventory is still available at fiscal year-end. DateGeneral JournalDebitCreditaStore supplies expense3,250Store supplies3,250bInsurance expense1,750Prepaid insurance1,750cDepreciation expenseStore equipment1,625Accumulated depreciationStore equipment1,625dCost of goods sold4,500Merchandise inventory4,500 NELSON COMPANYIncome StatementFor Year Ended January 31, 2015Sales$114,950Less: Sales discounts$1,900Less: Sales returns and allowances2,2004,100Net sales110,850Cost of goods sold42,500Gross profit68,350ExpenseSelling expensesAdvertising expense9,000Depreciation expenseStore equipment1,625Rent expenseSelling space6,000Sales salaries expense15,900Store supplies expense3,250Total selling expenses35,775General and administrative expensesInsurance expense1,750Office salaries expense15,900Rent expenseOffice space6,000Total general and administrative expenses23,650Total expenses59,425Net income$8,925 Current ratio is not 2.62 Acid is 1.65 gross is .64 I just need help with the current ratio. Thank you!