The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company.

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 $2,000.
b.	Expired insurance, an administrative expense, for the fiscal year is $1,500.
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 $10,900 of inventory is still available at fiscal year-end. --- 1: Using the above information prepare adjusting journal entries: 2: Prepare a multiple-step income statement for fiscal year 2013. 3: Prepare a single-step income statement for fiscal year 2013. 4: Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31, 2013. (Round your answers to 2 decimal places.)