Effect of Financing on Earnings per Share Domanico Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 6% (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 stodk, assuming that the income before bond interest and income tax is (a) $600,000, (b) $800,000, and (c) $1,200,000. $5,000,000 5,000,000 5,000,000 Enter answers in dollars and cents, rounding to the nearest whole cent per share on common stock 1.75x a. Earnings per share on common stock s1.75X b. Earnings per share on common stock s 3.25 c. Earnings per share on common stock Feedback Check My Work Remember to take interest, income tax and dividends into consideration