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 Unadjusted Trial Balance January 31, 2015 25,350 3,000 6,000 2,600 Store supplies Prepaid insurance Store equipment Accounts payable Common stock Retained earnings $ 19.000 14,000 17.000 22,000 2,050 15,500 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 2,100 2.000 38,000 29600 14,000 9.900 187,500 $187500 Rent expense and salaries expense are equally divided between selling activities and the general and administrative activities. Nelson Company uses a perpetual inventory system. a. Store supplies still available at fiscal year-end amount to $1,700 b. Expired insurance, an administrative expense, for the fiscal year is $1,500. c. Depreciation expense on store equipment, a selling expense, is $1600 for the fiscal year d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,600 of inventory is still available at fiscal year-end