Elite Trailer Parks has an operating profit of $282,000. Interest expense for the year was $39,200; preferred dividends paid were $29,500; and common dividends paid were $40,900. The tax was $61,700. The firm has 25,800 shares of common stock outstanding. a. Calculate the earnings per share and the common dividends per share for Elite Traller Parks. (Round your answers to 2 decimal places.) b. What was the increase in retained earnings for the year