Cute Camel Woodcraft Company Income Statement for Year Ending December 31 Year 1 Year 2 (Forecasted) Net sales $ $15,000,000 10,500,000 Less: Operating costs, except depreciation and amortization Less: Depreciation and amortization expenses 600,000 600,000 Operating income (or EBIT) $3,900,000 $ Less: Interest expense 390,000 Pre-tax income (or EBT) 3,510,000 Less: Taxes (25%) 877,500 Earnings after taxes $2,632,500 $ Less: Preferred stock dividends 100,000 Earnings available to common shareholders 2,532,500 Less: Common stock dividends 1,053,000 Contribution to retained earnings $1,479,500 $1,822,062 Given the results of the previous income statement calculations, complete the following statements: In Year 2, if Cute Camel has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. If Cute Camel 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. in Year 1 to Cute Camel's earnings before interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 2. It is to say that Cute Camel'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, $1,479,500 and $1,822,062, respectively. This is because of the items reported in the income