5. Jimmie Corp, has the following Stockholders' Equity account balances and activity for Year 2. $15,500,000 $12,222,000 Net income Retained earnings Preferred stock shares outstanding Common stock shares outstanding at January 1, Year 1,000 5,275,000 Additional Common shares issued at July 1, Year 2 3-for-1 stock split at December 31, Year 2 Preferred Dividends Common Dividends Year 1 EPS 20,000 $12,000 $55,000 $2.35 Earnings per share- *Compute Denominator: Weighted average common shares outstanding Date Shares Portion of yearWeighted Average Shares anuarv 1, Y2 July 1, Y2 Weighted Average December 31 before split Stock split 3-for-1 5,275,000 Total Weighted Average, 12/31/Y2 Note: Year 1 restated 2.35/3 Did performance improve in Year 2 as compared to Year 1