Homework: Chapter 3 Save Score: 0 of 1 pt 13 of 13 (4 complete) HW Score: 25.17%, 3.27 of 13 pts P3-8 (similar to) Question Help Statement of retained earnings Hayes Enterprises began 2019 with a retained earnings balance of $939,000. During 2019, the firm earned $390,000 after taxes. From this amount, preferred stockholders were paid $49,200 in dividends. At year-end 2019, the firm's retained earnings totaled $1,056,000. The firm had 145,000 shares of common stock outstanding during 2019. a. Prepare a statement of retained earnings for the year ended December 31, 2019, for Hayes Enterprises. (Note: Be sure to calculate and include the amount of cash dividends paid in 2019.) b. Calculate the firm's 2019 earnings per share (EPS). c. How large a per-share cash dividend did the firm pay on common stock during 2019? a. Prepare a statement of retained earnings for the year ended December 31, 2019, for Hayes Enterprises. (Note: Be sure to calculate and include the amount of cash dividends paid in 2019.) The cash dividends paid on common stock are $ (Round to the nearest dollar.)