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Complete the Year 2 income statement data for Green Caterpillar, then answer the questions that follow. Be sure to round each dollar value to the

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Complete the Year 2 income statement data for Green Caterpillar, then answer the questions that follow. Be sure to round each dollar value to the nearest whole dollar Year 2 (Forecasted) S Green Caterpillar Garden Supplies Inc. Income Statement for Year Ending December 31 Year 1 $10,000,000 8,000,000 400,000 $1,600,000 160,000 400,000 $ Net sales Less: Operating costs, except depreciation and amortization Less: Depreciation and amortization expenses Operating income (or EBIT) Less: Interest expense Pre-tax income (or EBT) Less: Taxes (25%) Earnings after taxes Less: Preferred stock dividends Earnings available to common shareholders Less: Common stock dividends Contribution to retained earnings 1,440,000 360,000 $1,080,000 300,000 780,000 486,000 $294,000 $436,312 Given the results of the previous income statement calculations, complete the following statements In Year 2, Green Caterpillar has 25,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends If Green Caterpillar hos 200,000 shares of common stock word and outstanding, then the firm's earnings per share (EPS) is expected to change from In Year 1 to In Year 2 . Green Caterpillar's earnings before interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 1 to in Year 2 It is to say that Green Caterpillar's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings, $294,000 and $436,312, respectively. This is because of the items reported in the income statement involve payments and receipts of cash

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