The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company NEISON COMPANY Unadjusted Trial Balance January 31, 2017 Dcbit Credit Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation Store equipment Accounts payable J. Nelson, Capital J. Nclson, Withdrawals Sales Sales discounts Sales returns and allowances Cost of goods sold Depreciation expense-Store equipment Salaries expense Insurance cxpensc Rent expense Store supplies expense Advertising expense Totals 1,000 12, 500 5, 800 2, 400 42, 900 15, 250 10, 000 32, 000 2, 200 111,950 2, 000 2, 200 38, 400 35, 000 15, 000 9, 800 $. 169,200 169,200 Rent expense and salaries expense are equally divided between selling activities and general and administrative activities. Nelson Company uses a perpetual inventory system Additional Information: a. Store supplies still available at fiscal year-end amount to $1,750 b. Expired insurance, an administrative expense, for the fiscal year is $1,400 c. Depreciation expense on store equipment, a selling expense, is $1,525 for the fiscal year, d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,900 of inventory is still available at fiscal vear-end