[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 Cash Merchandise inventory Debit Credit $ 26,750 15,000 Store supplies 5,300 Prepaid insurance 2,100 Store equipment 43,000 Accumulated depreciation-Store equipment Accounts payable Common stock Retained earnings $ 16,150 17,000 3,000 32,000 Dividends 2,200 Sales 116,000 Sales discounts 2,050 Sales returns and allowances 2,150 Cost of goods sold 38,000 Depreciation expense-Store equipment Sales salaries expense 12,850 Office salaries expense 12,850 Insurance expense 0 Rent expense-Selling space 6,000 6,000 9,900 $ 184,150 $184,150 Rent expense-Office space Store supplies expense Advertising expense Totals Additional Information: a. Store supplies still available at fiscal year-end amount to $2.750. b. Expired insurance, an administrative expense, is $1,450 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 $10,100 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 1 Acid-test ratio 1 Gross margin ratio 1