2-11 Elite trailor parks has an operating profit of $200,000. Interest expense for the year was $10,000; preferred dividends paid were $18,750; and common dividends paid were $30,000. The tax was $61,250. The firm has 20,000 shares of common stock outstanding 2-11 Elite trailor parks has an operating profit of $200,000. Interest expense for the year was $10,000: preferred dividends paid were $18,750; and common dividends paid were $30,000. The tax was $61,250. The firm has 20,000 shares of common stock outstanding a. Calculate the earnings per share and the common dividends per share for Elite trailor parks. (EPS = $5.50; DPS-$1.50) b. What was the increase in retained earnings for the year? (R/E=$80,000)