Ihe following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Nelson Company uses a perpetual inventory system. It categorizes the following accounts as selling expenses: Depreciation Expense-Store Equipment, Sales Salaries Expense, Rent Expense-Selling Space, Store Supplies Expense, and Advertising Expense. It categorizes the remaining expenses as general and administrative. NELSON COMPANY Unadjusted Trial Balance January 31 Cash Debit $ 16,250 Credit Merchandise inventory 12,000 Store supplies 5,500 Prepaid insurance 2,500 Store equipment 42,700 Accumulated depreciation-Store equipment $ 17,100 Accounts payable 14,000 Common stock 3,000 Retained earnings 26,000 Dividends 2,100 Sales 116,350 Sales discounts 1,950 Sales returns and allowances 2,250 Cost of goods sold 38,000 Depreciation expense-Store equipment 0 Sales salaries expense 13,550 Office salaries expense 13,550 Insurance expense @ Rent expense-Selling space 8,500 Rent expense-Office space 8,500 Store supplies expense 0 Advertising expense Totals 9,100 $176,450 $176,450 Additional Information: a. Store supplies still available at fiscal year-end amount to $2,900. b. Expired insurance, an administrative expense, is $1,700 for the fiscal year. c. Depreciation expense on store equipment, a selling expense, is $1,650 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,200 of inventory is still available at fiscal year-end.