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with the given information please solve Given the results of the previous income statement calculations complete the following Net sales Less: Operating costs, except depreciation

with the given information please solve
Given the results of the previous income statement calculations complete the following
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Net sales Less: Operating costs, except depreciation and amortization Less: Depreciation and amortization expenses Operating income (or EBIT) Less: Interest expense Pre-tax income (or EBT) Less: Taxes (25%) Earnings after taxes Less: Preferred stock dividends Eamings available to common shareholders Less: Common stock dividends Contribution to retained earnings Cute Camel Woodcraft Company Income Statement for Year Ending December 31 Year 1 1,200,000 480,000 $3,240,000 300,000 $1,482,000 Year 2 (Forecasted) 1,200,000 945,000 1,338,750 300,000 3,716,250 1,807,313 $1,908,937 Given the results of the previous income statement calculations, complete the following statements: In Year 2, if Cute Camel has 25,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. If Cute Camel has 200,000 shares of common stock issued and outstanding; then the firm's earnings per share (EPS) is expected to change from v in Year 1 to v in Year 2. Cute Camel's earnings before interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 2. in Year 1 to Itis to say that Cute Camel's net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company's annual contribution to retained earnings, $1,482,000 and $1,908,937, respectively. This is because statement involve payments and receipts of cash. of the items reported in the income

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