You asked: Calculate earnings per share for the following:

You asked:"4. Calculate earnings per share for the following:Net income $500,000Interest expense $ 50,000Preferred Dividends paid $ 75,000Common Dividends paid $100,000Preferred shares outstanding 50,000Common shares outstanding 100,0005. Given the following information, prepare an income statement for year ended December 31.($000)Stockholder’s equity 500Accounts payable 150Cost of goods sold 55Accumulated depreciation 500General & administrative expenses 12Taxes 40%Preferred stock dividends 5Interest expense 5Sales revenue 100Depreciation expense 106. Ajax Inc. had profits of $200,000 for the year. Their retained earnings account grew from $800,000 at the beginning of the year to $950,000 by year end. How much did the firm pay out in dividends?"