Brief Exercise 11-11 Shamrock, Inc.currently has 650,000 shares of common stock outstanding. Shamrock, Inc. is considering these two alternatives to finance its construction of a new $1.35 million plant: 1. 2. Issuance of 135,000 shares of common stock at the market price of $10 per share. Issuance of $1.35 million, 5% bonds at face value. Complete the table. (Round earnings per share to 2 decimal places, e.g. $2.66.) Issue Stock $1,550,000 Issue Bonds $1,550,000 Income before interest and taxes Interest expense from bonds Income before income taxes Income tax expense (40%) Net income Outstanding shares 650,000 Earnings per share LINK TO TEXT INTERACTIVE TUTORIAL Indicate which alternative is preferable. is preferable. Click if you would like to Show Work for this question: Open Show Work