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The following information was reported for Kingbird Equipment Ltd.: Ending Inventory Cost of Goods Sold 2020 $154,600 $521,300 2021 $187,800 $547,840 2022 $244,000 $731,901 Calculate

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The following information was reported for Kingbird Equipment Ltd.: Ending Inventory Cost of Goods Sold 2020 $154,600 $521,300 2021 $187,800 $547,840 2022 $244,000 $731,901 Calculate the inventory turnover and average days for both 2021 and 2022 and comment on the company's liquidity. (Round answers to 2 decimal places, e.g. 52.75.) 2021 2022 Inventory turnover times times Average days days days

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