2-12. Free Cash Flow Tater and Pepper Corp reported free cash flows for 2018 of$39.1 million and investment in operating capital of $22.1million. Tater and Pepper incurred $13.6 million in depreciation expense and paid $28.9 million in taxes on EBIT in 2018. Calculate Tater and Pepper's 2018 EBIT (LG2-5).

2-13. Statement of Retained Earnings Mr. Husker's Tuxedos Corp began the year 2018 with$256 million in retained earnings.The firm earned net income of $33 million in 2018 and paid dividends of $5 million to its preferred stockholders and $10 million to its common stockholders.

What is the year-end 2018 balance in retained earnings for Mr. Husker's Tuxedos? (LG2-1)

2-14. Statement of Retained Earnings Use the following information to find dividends paid to common stockholders during 2018. (LG2-1)

Balance of retained earnings, December 31, 2017 $462m

Plus:Net income for 2018 15m

Less: Cash dividends paid

Preferred stock $1m

Common stock missing ###

Total cash dividends paid missing###

Balance of retained earnings, December 31, 2018 $470m