LG P3-5 Calculation of EPS and retained carnings Zerbel Company Limited ended the year with a net profit before taxes of S361,000 in 2015. The company is subject to a 40% tax rate, and committed to pay $52,000 in preferred stock dividends before dis- tributing any earnings on the 200,000 shares of common stock currently outstanding. a. Calculate Zerbel's 2015 carnings per share (EPS). b. If the firm paid common stock dividends of $0.60 per share, how many dollars would go to retained earnings? Time left 0:14:00 CASH 500000 100000 CURRENT LIABILITY of A/R 90000 LTD 1100000 INVENTORY 150000 ? 2 OWENERS EQUITY FIXED ASSSET 1600000 TA ? # OF SHARES 1000000 SALES 4500000 PRICE 30 COGS 2500000 WHAT IS THE CURRENT ASSET WHAT IS THE TOTAL ASSET