Question: Only answer question 4 please! 02 2. Building an Income Statement. Lifeline, Inc., has sales of $585,000, costs of $273,000, depreciation expense of $71,000, interest

Only answer question 4 please!

02 2. Building an Income Statement. Lifeline, Inc., has sales of $585,000, costs of $273,000, depreciation expense of $71,000, interest expense of $38,000, and a tax rate of 40 percent. What is the net income for this firm? Dividends and Retained Earnings. $20.000 in cash dividends. What is the addition to retained earnings? 02 3. Suppose the firm in Problem 2 paid out 02 4. Per-Share Earnings and Dividends. Suppose the firm in Problem 3 had 30,000 shares of common stock outstanding. What is the earnings per share, or EPS, figure? What is the dividends per share figure

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