NELSON COMPANY Unadjusted Trial Balance January 31, 2017 Debit Credit $ 8,40e 12,500 5,700 2,700 42,700 Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation-Store equipment Accounts payable Common stock Retained earnings Dividends Sales Sales discounts Sales returns and allowances Cost of goods sold Depreciation expense-Store equipment Salaries expense Insurance expense Rent expense Store supplies expense Advertising expense Totals $ 16,200 15,000 3,600 18,000 2,200 116,250 2,050 2,300 38,000 30,700 12,000 9,800 $169,050 169,050 Rent expense and salaries expense are equally divided between selling activities and general and administrative activities. Nelson Company uses a perpetual inventory system Additional Information: a. Store supplies still available at fiscal year-end amount to $2,750 b. Expired insurance, an administrative expense, for the fiscal year is $1,750 c. Depreciation expense on store equipment, a selling expense, is $1,600 for the fiscal year d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,400 of inventory is still available at fiscal year-end Problem 4-5A Part 4 . Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31, 2017. (Round your answers to 2 decimal places.)