Income Statement for Year Ending December 31 Year 1 Year 2 (Forecasted) Net sales $30,000,000 $37,500,000 Less: Operating costs, except depreciation and amortization 21,000,000 26,250,000 Less: Depreciation and amortization expenses 1,200,000 1,200,000 Operating income (or EBIT) $7,800,000 $10,050,000 Less: Interest expense 780,000 1,507,500 Pre-tax income (or EBT) 7,020,000 8,542,500 Less: Taxes (25%) 1,755,000 2,135,625 Earnings after taxes $5,265,000 $6,406,875 Less: Preferred stock dividends 200,000 200,000 Earnings available to common shareholders 5,065,000 6,206,875 Less: Common stock dividends 1,579,500 1,922,063 Contribution to retained earnings $3,485,500 $4,284,812 Given the results of the previous income statement calculations, complete the following statements: . In Year 2, if Cold Goose has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. . If Cold Goose has 400,000 shares of common stock issued and outstanding, then the firm's earnings per share (EPS) is expected to change from in Year 1 to in Year 2. . Cold Goose's earnings before interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 1 to Q Search ENG