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M8-20. Understanding EPS Calculations On its Form 10-K for the year ended December 31,2015, Bank of America Corp. reported information related to basic earnings per share. Fill in the missing information 2015 $15,888 $01,483 $14,405 S millions, except per share amounts 2014 2013 $4,833 Preferred stock div Net income applicable to common shareholders.. . . . . . Average common shares outstanding . . . Basic earnings per share . . .. . . . .. $01,349 $10,082 c 10,462.282 10,527.818 $00.36 $000.94

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$ Million except per share amounts 2015 2014 2013
Net Income $ 15,888.00 $ 4,833.00 $ 11,431.00
Preferred Stock Dividends $   1,483.00 $ 1,042.99 $   1,349.00
Net income applicable to common stock $ 14,405.00 $ 3,790.01 $ 10,082.00
Average Common Shares Outstanding 10,462.282 10,527.818 10,725.532
Basic Earnings Per Share $           1.38 $          0.36 $           0.94
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