15. A company is considering the following financing plans: Plan 1 Plan 2 Plan 3 Issue 5% bonds (at face value) $ $ 105,000 $ 70,000 Issue preferred 7% stock, $20 par 70,000 Issue common stock, $10 par 350,000 245,000 210,000 The estimated tax rate is 30%. Determine the earnings per share (rounded to two decimals) of common stock for each plan assuming income before bond interest and income tax is $140,000. (8.25 Points) Earnings before interest and tax Interest on bonds Income before Tax Income Tax Net Income Dividends on preferred stock Available for dividends on commons stock Shares of Common Stock Outstanding Earnings per Share Plan 1 Plan 2 Plan 3