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 $1 stock, $10 par Common stock, $25 par Income tax is estimated at 40% of income. $700,000 700,000 700,000 Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $280,000, (b) $350,000, and (c) $420,000. 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 $