Net sales $25,000,000 $ Less: Operating costs, except depreciation and amortization 18,750,000 Less: Depreciation and amortization expenses 1,000,000 1,000,000 Operating income (or EBIT) $5,250,000 $ Less: Interest expense 525,000 Pre-tax income (or EBT) 4,725,000 Less: Taxes (25%) 1,181,250 Earnings after taxes $3,543,750 $ Less: Preferred stock dividends 100,000 Earnings available to common shareholders 3,443,750 Less: Common stock dividends 1,240,313 Contribution to retained earnings $2,203,437 $2,722,930 Given the results of the previous income statement calculations, complete the following statements: In Year 2, if Blue Hamster has 10,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive