1. Determine the earnings per share of common stock for each plan, assuming that the income before bond interest and income tax is $5,800,000. Enter answers in dollars and cents, rounding to two decimal places. Earnings Per Share on Common Stock

Plan 1 $

Plan 2

Plan 3

2. Determine the earnings per share of common stock for each plan, assuming that the income before bond interest and income tax is $2,755,000. Enter answers in dollars and cents, rounding to two decimal places. Earnings Per Share on Common Stock

Plan 1 $

Plan 2

Plan 3