Financial statement data for the years ended December 31 for Black Bull Inc. follows:

	20Y6		20Y5
Net income	$2,485,700		$1,538,000
Preferred dividends	$50,000		$50,000
Average number of common shares outstanding	115,000	shares	80,000	shares

a. Determine the earnings per share for 20Y6 and 20Y5.

20Y6	$fill in the blank 1 per share
20Y5	$fill in the blank 2 per share

b. Does the change in the earnings per share from 20Y5 to 20Y6 indicate a favorable or unfavorable trend?

Favorable/Unfavorable