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Why is EPS for 2014 negative? INTRO BALSHEET STMT/STK EO STMTICES FREECE FED TAX SYSTEM Income Statement 2014 $6,034,000 5,528,000 519,988 2013 $3,432,000 2,864,000 358,672

Why is EPS for 2014 negative?
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INTRO BALSHEET STMT/STK EO STMTICES FREECE FED TAX SYSTEM Income Statement 2014 $6,034,000 5,528,000 519,988 2013 $3,432,000 2,864,000 358,672 Sales COGS Other expenses Total oper. costs excl. deprec. & amort. Depreciation and amortization EBIT Interest expense Taxes Net income $6,047,988 116.960 ($ 130,948) 136,012 ($ 266,960) (106,784) ($ 160,176) $3,222,672 18.900 $ 190,428 43,828 $ 146,600 58,640 87,960 $ 3-7 ERO Other Data 2014 2013 No. of shares EPS DPS 100,000 -$1.602 $0.11 $2.25 $40,000 100,000 $0.88 $0.22 $8.50 $40,000 Stock price Lease pmts 3-8

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