PE 13-8B Earnings per share Financial statement data for the years ended December 31 for Black Bull Inc. follow: OBJ. 8 20Y6 20Y5 $2,485,700 $1,538,000 Net income Preferred dividends Average number of common shares outstanding $50,000 $50,000 115,000 shares80,000 shares a. Determine the earnings per share for 20Y6 and 20Y5 b. Does the change in the earnings per share from 20YS to 20Y6 indicate a favorable or unfavorable trend