Cruising Marina needs to raise $3.0 million to expand the company. The company is considering issuing either $3,000,000 of 7% bonds payable to borrow the money, or . 100,000 shares of common stock at $30 per share. (Click the icon to view additonal information.) Read the requirements ***** Start by preparing the analysis to determine which plan is likely to result in higher earnings per share (EPS). (For amounts with a $0 balance, make sure to enter "o" in the appropriate column) Less Less More info Before any new financing, Cruising expects to earn net income of $400,000, and the company already has 100,000 shares of common stock outstanding. Cruising believes the expansion will increase income before interest and income tax by $500,000. The company's income tax rate is 30%. Requirements Prepare an analysis to determine which plan is likely to result in the higher earnings per share. Based solely on the earnings-per-share comparison, which financing plan would you recommend for Cruising