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! Required information The following information applies to the questions displayed below.) The 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 salanes expense, rent expense--selling space store supplies expense, advertising expense. It categorizes the remaining expenses as general and administrative, NELSON COMPANY Unadjusted Trial Balance January 31 Credit -se Detit $ 14,500 5,200 2,600 42,800 $ 17.400 14,000 16,000 2,200 116,400 Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation Store equipment Accounts payable 3. Nelson, Capital 3. Nelson, withdrawals 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 Totals 1,800 2,15e 38,000 e 13,900 13,900 @ 8,500 8,500 0 9,700 $163,800 $16),800 Additional Information a. Store supplies still available at fiscal year-end amount to $1.550 b. Expired insurance, an administrative expense, for the fiscal year is $1600 Depreciation expense on store equipment, a selling expense, is $1650 for the fiscal year d. To estimate shrinkage, a physical count of ending merchandise inventory is token. It shows $10,400 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.) Current ratio Acd-est ratio Cross marginal 1 1