Brief Exercise 15-10 Carla Vista Inc. is considering to alternatives to finance is construction of a new $2.60 million plant. (a) france of 260.000 shares of common stock at the market price of $10 per share. (b) usuance of $2,600,000, % bonds at face value Complete the following table. (Round carings per share to 2 decimal places, ... 0.25.) Issue Stock Issue Bond Income before interest and acces $750,000 $750,000 Interest expense Income before income taxes Income tax expense (25%) Net Income Outstanding shares 470,000 Earnings per share Indicate which alternative preferable Net income is stock is used. Howeves camins per shares than earnings per shared bonds are used because of the additional shares of stock that are outstanding