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 Debit Credit Cash Merchandise inventory $ 20,800 13,500 Store supplies 5,400 Prepaid insurance 2,400 Store equipment 42,700 Accumulated depreciation-Store equipment $ 18,750 Accounts payable Common stock 16,000 3,000 Retained earnings 26,000 Dividends 2,250 Sales 114,600 Sales discounts 1,900 Sales returns and allowances 2,200 Cost of goods sold 38,000 Depreciation expense-Store equipment 0 Sales salaries expense 13,150 Office salaries expense 13,150 Insurance expense 0 Rent expense-Selling space 6,500 Rent expense-Office space Store supplies expense Advertising expense Totals 6,500 0 9,900 $ 178,350 $ 178,350 Additional Information: a. Store supplies still available at fiscal year-end amount to $1,900. b. Expired insurance, an administrative expense, is $1,600 for the fiscal year. c. Depreciation expense on store equipment, a selling expense, is $1,550 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,800 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 Acid-test ratio :1 :1 Gross margin ratio 62.88:1