Question 7 (5 points) Dana's Jewellery Store has an operating profit of $220,000 Interest expense for the year was $32,000. The company just declared dividends to preferred shareholders of $23,700 and to common shareholders of SJ5,000 The firm's marginal tax rate was 33%. David's Magic Stores has 16,000 shares of common stock outstanding 1. Calculate the EPS for David's Magic Stores (two decimals). What was the increase in retained carnings for the year nearest dollar)