Effect of Financing on Earnings per Share Domanico Co., which produces and sells biking equipment, is financed as follows:

Bonds payable, 10% (issued at face amount) $2,350,000

Preferred $2 stock, $20 par 2,350,000

Common stock, $25 par 2,350,000

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 tax is (a) $1,104,500, (b) $1,339,500, and (c) $1,574,500.

Enter answers in dollars and cents, rounding to two decimal places.

a. Earnings per share on common stock $

b. Earnings per share on common stock $

c. Earnings per share on common stock $