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. Green Caterpillar Garden Supplies Inc. Income Statement for Year Ending December 31 Year 1 Year 2 (Forecasted) Net sales $15,000,000 $18.750,000 Less: Operating costs, except depreciation and amortization 9,000,000 11 250.000 Less: Depreciation and amortization expenses 600,000 600,000 $5,400,000 Operating income (or EBIT) $6,900,000 Less: Interest expense 540,000 1,035,000 Pre-tax income (or EBT) 4,860,000 5,865,000 Less: Taxes (40%) 1.944,000 Earnings after taxes $2,916,000 $ Less: Preferred stock dividends 100,000 Earnings available to common shareholders 2,816,000 Less: Common stock dividends 1,166,400 Contribution to retained earnings $1,649,600 $2,011,400 Given the results of the previous income statement calculations, complete the following statements: In Year 2, if Green Caterpillar has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. If Green Caterpillar has 400,000 shares of common stock issued 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, $1,649,600 and $2,011,400, respectively. This is because of the items reported in the income statement involve payments and receipts of cash. 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. Green Caterpillar Garden Supplies Inc. Income Statement for Year Ending December 31 Year 1 Year 2 (Forecasted) Net sales $15,000,000 $18.750,000 Less: Operating costs, except depreciation and amortization 9,000,000 11 250.000 Less: Depreciation and amortization expenses 600,000 600,000 $5,400,000 Operating income (or EBIT) $6,900,000 Less: Interest expense 540,000 1,035,000 Pre-tax income (or EBT) 4,860,000 5,865,000 Less: Taxes (40%) 1.944,000 Earnings after taxes $2,916,000 $ Less: Preferred stock dividends 100,000 Earnings available to common shareholders 2,816,000 Less: Common stock dividends 1,166,400 Contribution to retained earnings $1,649,600 $2,011,400 Given the results of the previous income statement calculations, complete the following statements: In Year 2, if Green Caterpillar has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. If Green Caterpillar has 400,000 shares of common stock issued 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, $1,649,600 and $2,011,400, respectively. This is because of the items reported in the income statement involve payments and receipts of cash