Calculation of EPS and retained earnings Everdeen Mining, Inc., ended the year with net profits before taxes of $$447,000.$ The company is subject to a $21\%$ tax rate and must pay $$64,900$ in preferred stock dividends before distributing any earnings on the $167,000$ shares of common stock currently outstanding.

a$.$ Calculate Everdeen's earnings per share $($EPS$).$

b$.$ If the firm paid common stock dividends of $$0\mathrm{.}85$ per share, how many dollars would go to retained earnings?

a$.$ The firm's EPS is $ $($Round to the nearest cent.$)$

b$.$ If the firm paid common stock dividends of $$0\mathrm{.}85$ per share, the amount that would go to retained earnings is $ $($Round to the nearest dollar.$)$