Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 10% (issued at face amount) Preferred $2 stock, $20 par Common stock, $25 par Income tax is estimated at 40% of income. $350,000 350,000 350,000 Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $157,500, (b) $192,500, and (c) $227,500. 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