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) $2,250,000 Preferred $1 stock, $10 par 2,250,000 Common stock, $25 par 2,250,000 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) $990,000, (b) $1,215,000, and (c) $1,440,000. Enter answers in dollars and cents, rounding to two decimal places.

nter 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 $