Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: Net income Preferred dividends 20Y6 2015 $2,382,000 $1,514,000 $50,000 $50,000 Average number of common shares outstanding 110,000 shares 80,000 shares a. Determine the earnings per share for 20YS and 20Y6. Round to two decimal places. Earnings per Share A 2015 20Y6 b. Is the change in the earnings per share from 2015 to 20Y6 favorable or unfavorable