2021-1 ITF 311 - Business Finance 3 MET_N MERT KOBA | 12/19/213:48 PM Question 2, P3-8 (simila... Part 1 of 4 HW Score: 0%, 0 of 100 points Points: 0 of 15 Save Statement of retained earnings Hayes Enterprises began 2019 with a retained earnings balance of $936,000. During 2019, the firm earned $370,000 after taxes. From this amount, preferred stockholders were paid $45,100 in dividends. At year-end 2019, the firm's retained earings totaled $1,055,000. The firm had 131,000 shares of common stock outstanding during 2019. a. Prepare a statement of retained earnings for the year ended December 31, 2019, for Hayes Enterprises. (Note: Be sure to calculate and include the amount of cash dividends paid in 2019.) b. Calculate the firm's 2019 earnings per share (EPS). c. How large a per-share cash dividend did the firm pay on common stock during 2019? a. Prepare a statement of retained earnings for the year ended December 31, 2019, for Hayes Enterprises. (Note: Be sure to calculate and include the amount of cash dividends paid in 2019.) The cash dividends paid on common stock are $ (Round to the nearest dollar.)