NELSON COMPANY Unadjusted Trial Balance January 31 Credit Debit $ 1,000 12,500 5,800 2,400 42,900 $ 15,250 10,000 5,000 27,000 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 Sales salaries expense office salaries expense Insurance expense Rent expense-Selling space Rent expense-office space store supplies expense Advertising expense 2,200 111,950 2, eee 2,200 38,40e @ 17,500 17.500 7.5e 2.80 $169,208 $169, 220 Additional Information: . Store supplies still available at fiscal year-end amount to $1,750 b. Expired insurance, an administrative expense, is $1.400 for the fiscal year c. Depreciation expense on store equipment, a selling expense, is $1.525 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,900 of inventory is still available at fiscal year-end 4. Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31 (Round your answers to 2 decimal places.) ument Adidato Grossman