Effect of Financing on Earnings per Share Domanica Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 10% (issued at face amount) $450,000 Preferred 52 stock, 520 par 450,000 Common stock, 525 par 450,000 Income tax is estimated at 40% of income. Determine the earnings per share on common stock, assuming that the income before bond interest and income taxis (0) $139,500, (b) $184,500, and (c) 5229,500 Enter answers in dollars and cents, rounding to two decimal places a. Earnings per share on common stock 1.25 X b. Earnings per share on common stock 2.25 x c. Earnings per share on common stock 4.25 X Remember to take interest, income tax and dividends into consideration