Brief Exercise 11-11 (Part Level Submission) Marin Inc.currently has 620,000 shares of common stock outstanding. Marin Inc. is considering these two alternatives to finance its construction of a new $1.20 milion plant 1. Issuance of 120,000 shares of common stock at the market price of $10 per share. 2. Issuance of $1.20 million, 8% bonds at face value Complete the table. (Round earnings per share to 2 decimal places, e.g. $2.66.) Issue Stock $1,520,000 Issue Bonds Income before interest and taxes Interest expense from bonds Income before income taxes Income tax expense (35%) Net income 1,520,000 Outstanding shares 620,000 Earnings per share LINK TO TEXT