Watson Sales, Inc.'s, comparative income statements and balance sheets show the following selected information for 2020 and 2021: (Click the icon to view the data.) Requirements 1. Calculate the company's accounts payable turnover and days' payable outstanding (DPO) for 2020 and 2021 2. On the basis of this computation alone, has the company's liquidity position improved or deterlorated during 2021? CE Requirement 1. Calculate the company's accounts payable turnover and days' payable outstanding (DPO) for 2020 and 2021 Begin by computing the company's accounts payable turnover. Select the formula, enter the amounts and compute the accounts payable turnover for 2021 and 2020 (Round the accounts payable tumover to two decimal places, XXX.) Accounts payable turnover Data table - 2021 2020 $ 2,200,000 $ 2,700,000 $ 1,0 000 $ 850,000 Cost of goods sold Ending inventory Beginning inventory Average accounts payable $ 850,000 $ 700,000 $ 340,000 $ 255,000 Print Done