3. Spring Water Corporation has the following selected accounts at March 31, 2020 after posting adjusting entries: Accounts Payable, March 31, 2020 Accounts Payable, March 31, 2019.. Credit Purchases... Bank Loan Payable, 3-month.. Employee Benefits Expense Interest Payable.. Mortgage Payable.. Income Tax Payable. Instructions $ 67,500 61,500 625,750 135,000 6,000 7,550 135,000 14,000 a) Prepare the current liability section of Spring Water Corporation's statement of financial position, assuming $19,500 of the mortgage is payable next year. b) Calculate the A/P turnover, day's turnover and working capital. Comment on Spring Water's liquidity, assuming total current assets are $575,000 and supplier terms are net 30