12. MC.14.70.ALGO 13. MC.14.78 14. MC.14.80 Jenson Co. is considering the following alternative plans for financing the company: Issue 10% bonds (at face) Plan 1 Plan 2 $2,000,000 Issue $10 common stock $3,000,000 1,000,000 15. MC.14.81 Income tax is estimated at 40% of income. 16. MC.14.82 17. MC.14.83 18. MC.14.57 19. MC.14.59 20. MC.14.125 21. EX.14.147.ALGO 22. EX.14.148 Determine the earnings per share of common stock under the two alternative financing plans, assuming income before bond interest and income tax is $1,000,000. Round your answers to two decimal places. Plan 1 Plan 2 Earnings per Share on Common Stock