please answer with correct calculations and explanations.

Modules Announcements 20X5 20X4 Net income $ 20,000 $ 16,000 McGraw Hill Connect Total assets $ 120,000 $ 100,000 Quizzes iscussions rades ople labus horlock Total liabilities $ 73,000 $60,000 Total shareholders' equity 16 $ 47,000 $ 40,000 Common Stock Shares outstanding 15,000 shares 5,000 shares Preferred Stock Shares outstanding 2,000 shares 1,000 shares Preferred Dividends Paid $2,000 $1000 m J Resources Earnings per share for 20X5 equals D