please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image) Please provide answer in text (Without image)

Analyze Pacific Gas and Electric Company Pacific Gas and Electric Company (PCG) is a large gas and electric utility operating in northern and central California. Three recent years of financial data for Pacific Gas and Electric are as follows (in millions): Year 3 Year 2 Year 1 Net income 150,642) $(6,837) $1,660 Preferred dividends $14 $14 $14 Average number of common shares outstanding 528 517 512 3. Determine the earnings per share for Years 13. For those boxes in which you must enter subtractive or negative numbers use a minus sign. Round your answers to two decimal places. Year 3 Year 2 Year 1 b. Interpret the trend in earnings per share using horizontal analysis for the three years in terms of the change in earnings and average shares outstanding. _'X