Question: 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

 Complete the Year 2 income statement data for Blue Hamster, thenanswer the questions that follow. Be sure to round each dollar value

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 (Forecasted) Year 1 Net sales $25,000,000 20,000,000 1,000,000 $4,000,000 400,000 3,600,000 1,440,000 $2,160,000 150,000 2,010,000 540,000 $1,470,000 Less: Operating costs, except depreciation and amortization Less: Depreciation and amortization expenses 1,000,000 Operating income (or EBIT) Less: Interest expense Pre-tax income (or EBT) Less: Taxes (40%) Earnings after taxes Less: Preferred stock dividends Earnings available to common shareholders Less: Common stock dividends Contribution to retained earnings $1,858,125 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 200,000 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 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, $1,470,000 and $1,858,125, respectively. This is because income statement involve payments and receipts of cash of the item reported in the

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