Cybernauts, Ltd., is a new firm that wishes to finance an expansion program and determine its capital structure. It can issue 20 percent debt or 18 percent preferred stock. The tor capitalization of the firm will be $6 million, and common stock can be sold at $25 per share. The company is expected to have a 50 percent tax rate Four possible capital structur being considered are as follows: Plan Debt Preferred Common 120% 20% 60% 2 35% 25% 40% 3 50% 0% 50% 4 40% 25% 25% What would be the earnings per share for the four alternatives if earnings before interest and taxes are at $1.5 million?