correct the answers with an X

Sleeping Bear Travel, Incorporated, is trying to decide between the following two alternatives to finance its new $15 million gaming center: a. Issue $15 million, 5% note. b. Issue 1 million shares of common stock for $15 per share. Required: 1. Assuming the note or shares of stock are issued at the beginning of the year, complete the income statement for each alternative. 2. Which alternative results in the higher earnings per share? (8) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Assuming the note or shares of stock are issued at the beginning of the year, complete the income statement for each alternative. Note: Enter your answers in dollars, not millions (l.e., $5.5 million should be entered as 5,500,000). Round your "Earnings per Share' to 2 decimal places. Assuming the note or shares of stock are issued at the beginning of the year, complete the income statement for each alternative. Note: Enter your answers in dollars, not millions (1.e., $5.5 million should be entered as 5,500,000 ). Round your "Eamings per Share to 2 decimal places