BE15 BMoby Ine. is considering two alternatives to finance its comtructiom of 45 00e $2 million plant. a) Iss b) Issuance of $2 million, 8% bonds at face value. uance of 200,000 shares of common on stock at the market price of $10 per share t omplete the following table, and indicate which alternative is preferable. Issue Stock $700,000 Issue Bond $700,000 Income before interest and taxes Interest expense from bonds Income before income taxes Income tax expense (30%) Net income Outstanding shares 500,000 Earnings per share