The Farmer 2021 income statement and balance sheet follows. (Click the icon to view the assets section of the balance sheet.) (Click the icon to view the liabilities and stockholders' equity sections of the balance sheet.) (Click the icon to view the income statement.) Read the . a. Use the income statement and the balance sheet to calculate Farmer's rate of inventory turnover and days' inventory outstanding for 2021. days.) The Farmer 2021 income statement and balance sheet follows. (Click the icon to view the assets section of the balance sheet.)