LG$(1)$ P$3-8$ Statement of retained earnings Hayes Enterprises began the year with a retained earnings balance of $$928,000.$ During the year, the firm earned $$377,000$ after taxes. From this amount, preferred stockholders were paid $$47,000$ in dividends. At year$-$end, the firm's retained earnings totaled $$1,048,000.$ The firm had $140,000$ shares of common stock outstanding during the year.

a$.$ Prepare a statement of retained earnings for the year for Hayes Enterprises. $($NOTE: Be sure to calculate and include the amount of cash dividends paid.$)$

b$.$ Calculate the firm's earnings per share $($EPS$).$

c$.$ How large a per$-$share cash dividend did the firm nav on