Earnings per share Financial statement data for the years 20YS and 20Y6 for Black Bull Inc. follow: Net income Preferred dividends Average number of common shares outstanding 2015 $1,670,000 $50,000 2016 $2,642,000 $50,000 90,000 shares 120,000 shares a. Determine the earnings per share for 2015 and 2016. Round to two decimal places. Earnings per Share 2015 2016 b. Is the change in the earnings per share from 2015 to 2016 favorable or unfavorable