Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, 's financed as follows: Bonds payable, 10% (issued at face amount) $2,450,000 Preferred $2 stock, $20 par 2,450,000 Common stock, $25 par 2,450,000 Income tax is estimated at 80% of income. Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $802,000. (D) $1,127,000, and (c) $1,372,000. Enter answers in dollars and cents, rounding to two decimal places. . Earnings per share on common stock b. Earnings per share on common stock c. Earnings per share on common stock