Earnings Per Share Financial statement data for years ending December 31 for Jardine Company are shown below. 2016 2015 Net income $415,500 $331,000 Preferred dividends $63,000 $63,000 Average number of common shares outstanding 50,000 shares 40,000 shares a. Determine the earnings per share for 2016 and 2015. Round your answers to two decimal places. 2016 $fill in the blank 1 per share 2015 $fill in the blank 2 per share b. Does the change in the earnings per share from 2015 to 2016 indicate a favorable or an unfavorable trend? Show proper calculation

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