Good evening,

Please help me solve this problem entirely . I really appreciate it. Thank you!

Question7

NELSON COMPANY Unadjusted Trial Balance. January 31 a. Store supplies still available at fiscal year-end amount to $1,750. b. Expired insurance, an administrative expense, is $1,400 for the fiscal year. c. Depreciation expense on store equipment, a selling expense, is $1,525 for the fiscal yeat. 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. Problem 4.5A (Static) Part 4 4. Compute the current ratio, acid-test ratio; and gross margin ratio as of January 31 (Round your answers to 2 decimal places.)