Gemini Industries reported the following components of equity on December 31, 2014: Common shares, unlimited shares authorized, 100,000 shares issued and outstanding $ 400,000 Retained earnings 540,000 Total equity $ 940.000 Gemini completed these transactions during 2015: March 1 The directors declared a $0.75 per share cash dividend payable on March 31, to the March 15 shareholders of record. June 1 Issued 12,000 common shares at $6.50 per share. October 1 Issued 8,000 common shares at $4.75 per share. December 1 The directors declared a $1.25 per share cash dividend payable on January 2, 2016, to the December 15 shareholders of record. December 31 Net income for the year is $245,000. a) Use T-accounts below to record the effect of the 2015 transactions on shareholders' equity accounts. Common Shares # $ Retained Earnings b) Prepare the equity section of Gemini's balance sheet at December 31, 2015. c) Calculate earnings per share (EPS) for 2015. Round to the nearest full share and report EPS to two decimal places