i cannot figure out how to solve for the numbers marked in red. Please help thank you so much. Your answee will be liked immediately.

WELOUR Unadjusted Trial Balance January 31, 2017 Credit 2 Debit $ 1,080 12,500 5,800 2,400 42,900 $ 15,250 10,080 5,000 27,000 2,200 Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation-store equipment Accounts payable Common stock Retained earnings Dividends 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 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 in the below tabs. Required 1 Required 2 Required 3 2.5 oints Prepare a single-step income statement for fiscal year 2017. NELSON COMPANY Income Statement For Year Ended January 31, 2017 Net sales $ Expenses Cost of goods sold $ 40,000 Selling expenses 36,325 General and administrative expenses 30,450 X 107.750 Total expenses Net income 106,775 $ 975