At the end of 2021, PT. Wardah International announced a gross profit of $1 million. The costs incurred during the year are as follows: $345,000 in operating expenses and $125,000 in interest...

At the end of 2021, PT. Wardah International announced a gross profit of $1 million. The costs incurred during the year are as follows: $345,000 in operating expenses and $125,000 in interest expenses. 21% corporate tax and declared $57,000 total preferred stock dividends. Calculate: (a) Compute the earnings available for common stockholders? (b) Calculate the increase in retained earnings for 2021 If the firm provides $4.25 common stock dividend. The company has 15,000 shares of common stock outstanding.