The following unadjusted trhal balance is prepared at fiscal year-end for Nelson Company NELSON COMPANY Unadjusted Trial Balance January 31, 2017 DebitCredit Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation-Store equipment Accounts payable $ 3,100 12, 5e0 5,980 2,700 42,600 s 16,158 17,000 15,600 J. Nelson, Capital 2,150 J. Nelson, Withdrawals Sales 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 Totals 116,250 1,800 2,250 38,800 25,700 18,800 9,700 $164,400 $164,480 Rent expense and salaries expense are equally dlvided between selling activities and general and administrative activities Nelson Company uses a perpetual inventory system. Addtional Information: a. Store supplies still avallable at fiscal year-end amount to $2,150 b. Explred insurance, an administrative expense, for the fiscal year IS $1,450 c. Depreciation expense on store d. equipment, a selling expense, is S1,650 for the fiscal year ventory is stiu e, a physical count of ending merchandise inventory is taken. It shows $10,100 of in avallable at fiscal year-end