Complete the Year 2 income statement data for Cold Goose, then answer the questions that follow. Be sure to round each dollar value to the nearest whole dollar. Cold Goose Metal Works Inc. Income Statement for Year Ending December 31 Year 1 Year 2 (Forecasted) Net sales $15,000,000 $18,750,000 14,062,500 Less: Operating costs, except depreciation and amortization 11,250,000 600,000 600,000 Less: Depreciation and amortization expenses Operating income (or EBIT) $3,150,000 $4,087,500 Less: Interest expense 613,125 315,000 2,835,000 Pre-tax income (or EBT) Less: Taxes (25%) 708,750 3,474,375 868,594 $2,605,781 Earnings after taxes $2,126,250 Less: Preferred stock dividends 300,000 300,000 Earnings available to common shareholders 1,826,250 Less: Common stock dividends 956,813 2,305,781 1,172,601 $1,133,180 Contribution to retained earnings $869,437 Given the results of the previous income statement calculations, complete the following statements: In Year 2, if Cold Goose has 25,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive $12.00 in annual dividends. If Cold Goose has 200,000 shares of common stock issued and outstanding, then the firm's earnings per share (EPS) is expected to change from $9.13 in Year 1 to $11.53 in Year 2. Cold Goose's earnings before interest, taxes, depreciation and amortization (EBITDA) value changed from in Year 1 to in Year 2. It is to say that Cold Goose'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, $869,437 and $1,133,180, respectively. This is because of the items reported in the income statement involve payments and receipts of cash