Year 1 Year 2 (Forecasted) $ Net sales $20,000,000 Less: Operating costs, except depreciation and amortization 14,000,000 Less: Depreciation and amortization expenses 800,000 $ Operating income (or EBIT) Less: Interest expense Pre-tax income (or EBT) 800,000 $5,200,000 520,000 4,680,000 Less: Taxes (40%) 1,872,000 Earnings after taxes $2,808,000 $ Less: Preferred stock dividends 200,000 2,608,000 Earnings available to common shareholders Less: Common stock dividends 842,400 $1,765,600 Contribution to retained earnings $2,191,900 Given the results of the previous income statement calculations, complete the following statements: In Year 2, if Cute Camel has 5,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. If Cute Camel has 400,000 shares of common stock issued and outstanding, then the firm's earnings per share (EPS) is expected to change from in Year 1 to in Year 2. in Year 1 to Cute Camel's earnings before interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 2. . It is 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, $1,765,600 and $2,191,900, respectively. This is because of the items reported in the income statement involve payments and receipts of cash