Effect of Financing on Earnings Per Share BSF Co., which produces and sells skiing equipment, is financed as follows Bonds payable, 10% (issued at face amount) Preferred 196 stock, $10 par Common stock, $25 par Income tax is estimated at 60% of income. 1,050,000 1,050,000 Round your answers to the nearest cent. a. Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is $483,000. 2.00 per share b. Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is $588,000. 2.00 per share c. Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is $693,000 2.00X per share