Earnings Per Share Financial statement data for years ending December 31 for Jardine Company are shown below. 2016 2015 Net income $279,500 $250,000 Preferred dividends $43,000 $43,000 Average number of common shares outstanding 55,000 shares 45,000 shares a. Determine the earnings per share for 2016 and 2015. Round your answers to two decimal places. 2016 per share 2015 per share b. Does the change in the earnings per share from 2015 to 2016 indicate a favorable or an unfavorable trend? Favorable Unfavorable