- / 15 Question 23 of 31 View Policies Current Attempt in Progress Tamarisk, Inc. is considering these two alternatives to finance its construction of a new $1.89 million plant: Issuance of 189.000 shares of common stock at the market price of $10 per share. Issuance of 51.89 million, 8% bonds at face value. 1 2 (a) Complete the table. (Round earnings per share to 2 decimal places, es. $266) Issue Stock $1.407.000 Issue Bonds Income before interest and taxes $1.407.000 20 Gtv A -71 Complete the table. (Round earnings per share to 2 decimal places, es $2.66.) Issue Bonds Issue Stock $1,407,000 Income before interest and taxes Interest expense from bonds $1.407.000 Income before income taxes Income tax expense (30%) Net income s Outstanding shares 546,000 Earnings per share $ 29 tv