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 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 $17.se 14,000 5,00 115.50 Cash Merchandise inventory Store suplies Prepaid insurance Store it Accumulated depreciation- 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 Totals 2. See $178,4se $178,45 Additional Information: .. Store supplies still available at fiscal year-end amount to $2.250. b. Expired insurance, an administrative expense, is $1650 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 $10.500 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