Everdeen Mining, Inc., ended 2019 with net profits before taxes of $ 427,000. The company is subject to a 21 % tax rate and must pay $ 64,900 in preferred stock dividends before distributing any earnings on the 173 0,00 shares of common stock currently outstanding.

a. Calculate Everdeen's 2019 earnings per share (EPS).

b. If the firm paid common stock dividends of $ 0.83 per share, how many dollars would go to retained earnings?