Everdeen Mining?, Inc., ended 2015 with net profits before taxes of $ 430,000 The company is subject to a 40% tax rate and must pay $ 62,600 in preferred stock dividends before distributing any earnings on the $ 171,000 shares of common stock currently outstanding.
a) The firms EPS is ? $ _______ROUND TO NEAREST CENT
b) If the firm paid common stock dividends of .84 cent per share the amount that would go to retained earnings is $ ____________ (Round to the nearest? dollar.)