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Statement of retained earnings Hayes Enterprises began 2015 with a retained earnings balance of $847,000. During 2015, the firm earned $370,000 after taxes. From this

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Statement of retained earnings Hayes Enterprises began 2015 with a retained earnings balance of $847,000. During 2015, the firm earned $370,000 after taxes. From this amount, preferred stockholders were paid $65,000 in dividends. At year-end 2015, the firm's retained earnings totaled $980,000. The firm had 135,000 shares of common stock outstanding during 2015. Prepare a statement of retained earnings for the year ended December 31, 2015, for Hayes Enterprises. (Note: Be sure to calculate and include the amount of cash dividends paid in 2015.) Calculate the firm's 2015 earnings per share (EPS). How large a per-share cash dividend did the firm pay on common stock during 2015? Complete the statement of retained earnings for the year ended December 31, 2015, for Hayes Enterprises below: (Round to the nearest dollar.) The firm's 2015 earnings per share (EPS) is $. (Round to the nearest cent.) The per-share cash dividend the firm paid on common stock during 2015 is $. (Round to the nearest cent.)

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