Effect of Financing on Earnings per Share Domanico Co., which produces and sells biking equipment, is financed as follows: $1,250,000 Bonds payable, 10% (issued at face amount) Preferred $1 stock, $10 par 1,250,000 1,250,000 Common stock, $25 par 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) $437,500, (b) $562,500, and (c) $687,500. Enter answers in dollars and cents, rounding to two decimal places. a. Earnings per share on common stock $ X b. Earnings per share on common stock $ c. Earnings per share on common stock $ X