Brief Exercise 11-11 (Part Level Submission) Metlock, Inc.currently has 630,000 shares of common stock outstanding. Metlock, Inc. is considering these two alternatives to finance its construction of a new $1.25 milion plant: 1. Issuance of 125,000 shares of common stock at the market price of $10 per share. issuance of $1.25 million, 8% bonds at face value Complete the table. (Round earnings per share to 2 decimal places, e.g. $2.66.) Issue Stock Issue Bonds Interest expense from bonds Income before income taxes Income tax expense (35%) Net income Outstanding shares 630,000 Earnings per share