Consider the following Fonarlo: Cute Camel Woodcraft Company's income statement reports data for its frst year of operaton. The fron's CEO would we sales to increast by 25 :h next year 1. Cute Camel is able to achieve this level of iccreased saits, but its interest costs incease from 10 is to isWr of eamings before interest and taxes (EBM). 2. The company's operating costs (excluding depreciation and amertiation) remain of 65% of net sales, and ite seprecation and amortizaticn expenses remain constant from year to yeac. 3. The company's tax rate remains constant at 25% of its pre-tax income of earningt before taves (tut). 4. In Year 2, Cute Camel expects to pay $100,000 and $1,273,844 of preterred and common stock dividends, fessectiveliv: Complete the Year 2 income statement data for Cute Camel, then answer the overtions that follow. Be sure to round each dolar vatue to the nesvet whole dotac. Given the results of the previous income statement calculations, complete the following statements: - In Year 2, if Cute Camel has 10,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. - If Cute Camel has 500,000 shares of common stock issued and outstandiag, then the firms earn ngs per share (EPS) is expected to change from in Year 1 to in Year 2 . - Cute Camel's earnings before interest, taxes, depreciation and amortization (EBITDA) value changed trom in Year it to in Year? - it is to say that Cute Camei's net inflows and outfiows of easin at the end of Years 1 and 2 are equal to the company's annual contributian to tetained earaings; 52,620,250 and $3,194,281, respectively This is because of the items reported in the income