LILSO’s group's published annual report showed the following: -Operating profit for the year was EGP 4,000,000. -Interest Expense was EGP 700,000. -The group is subject to 20% taxes. -Number of common...

LILSO’s group's published annual report showed the following:

-Operating profit for the year was EGP 4,000,000.

-Interest Expense was EGP 700,000.

-The group is subject to 20% taxes.

-Number of common shares outstanding was 250,000.

-The group has 100,000 Preferred stocks of EGP 15 par value.

If you know that the group pays 11% dividends for each preferred stock,
answer the following questions

1. How much are the total earnings will be available for common stock holders?

2 .Calculate the Earnings per share (EPS) and the Dividends per share (DPS) if the board of directors decided to retain 70% of the year's earnings for further investment