1. Reliable Auto Parts has 5,000 shares of common stock outstanding. The company also has the following amounts in revenue and expense accounts Sales revenue General and administrative expense Interest expense Depreciation expense Preferred stock dividends Selling expense Cost of goods sold 85,000 7,500 3,500 5,000 500 4,000 50,000 Calculate; a) Gross profits b) Operating profits c) Net profits before taxes d) Net profits after taxes (Assume that income tax rate is 40%) e) Earnings available to common stockholders f) Earnings per share (EPS)