Ch. 2: HW2 Complete the Year 2 income statement data for Blue Hamster, then answer the questions that follow. Be sure to round each dollar value to the nearest whole dollar Blue Hamster Manufacturing Inc. Income Statement for Year Ending December 31 Year 2 Year 1 Net sales $15,000,000 9,000,000 600,000 $5,400,000 540,000 4,860,000 1,944,000 $2,916,000 100,000 2,816,000 1,020,600 $1,795,400 Less: Operating costs, except deprediation and amortization 600,000 Operating income (or EBIT) Less: Interest expense Pre-tax income (or EBT) Earnings after taxes Earnings available to common shareholders Less: Taxes (40%) Less: Preferred stock dividends Less: Common stock dividends Contribution to retained earnings $2,187,3sO Given the results of the previous income statement calculations, complete the following statements: In Year 2, if Blue Hamster has 10,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends. If Blue Hamster has S00,000 shares of common stock issued and outstanding, then the firm's eamings per share (EPS) is expected to change from in Year 1 to in Year 2. Blue Hamster's before interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 1 to in Year 2 . It is to say that Blue Hamster'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, $1,795,400 and $2,187,350, respectively. This is because income statement involve payments and receipts of cash. of the item reported in the