21. The most recent Income Statement for Blackburn Bakery reported Net Income of $100,000 and additions to Retained Earnings of $40,000. If the stock price is currently $25.00 per share and there are 5,000 shares outstanding

1. What is the firms Earnings per Share?
2. Dividends per Share?
3. What is their current Market Capitalization?

22. Over the past year, the Carpentry Shop had depreciation expense of $1,500 and interest expense of $500. Their CFO reported costs of goods sold at $2,000 on sales of $10,000 which place them at the 30% tax rate. Complete an Income Statement to find the firms Net Income.

Executives in the company decided to reward their shareholders with $300 in dividends. What was their addition to Retained Earnings for the year?