eBook Show Me How Print Item Earnings per share Financial statement data for the years 2075 and 20Y6 for Black Bull Inc. follow: 2015 2016 Net Income $1,328,000 $2,489,500 Preferred dividends $40,000 $40,000 Average number of common shares outstanding 70,000 shares 115,000 shares a. Determine the earnings per share for 2045 and 2016. Round to two decimal places 2015 2016 Earnings per Share b. Is the change in the earnings per share from 2075 to 20Y6 favorable or unfavorable ? Favorable Feedback * Won Earnings per Share Net Income - Preferred Dividends Average Number of Common Shares Outstanding