eBook Effect of Financing on Earnings per Share Domanico Co., which produces and sells biking equipment, is financed as follows Bonds payable, 696 (issued at face amount) Preferred $2.00 stock, $100 par Common stock, $25 par Income tax is estimated at 40 % of income. | Determine the earnings per share of common stock, assuming that the i Enter answers in dollars and cents, rounding to the nearest whol a. Earnings per share on common stock s ] $5,000,000 5,000,000 5,000,000 e before bond interest and income tax is (a) $600,000, (b) $800,000, and (c) $1,200,000