Blossom Health is consideriry two alternatives for the financine of same high technology medical equipment. These two alternatives. arpi: 1. Lsse 60000 shares of $10 par value comimonstock at $50 per share. 2. Lsue 53,000,000,98, 10year bonds at par. It is estiriated that the company will eam 5930.000 before interest and taxes as a result of acquiring the medical equipment. The compomy has an estimatod tax rate of 40 and has 90.000 shares of common stock outstanding prior fn the cen fieancing. Determine the effect on net income and eamings per share for these two methods of financing (Rouind eamiras eer ihare fo 2 decinal Nacesest:2.25