Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: $6,000,000 3,000,000 Bonds payable, 5% (issued at face amount) Preferred $2.00 stock, $100 par Common stock, $25 par Income tax is estimated at 40% of income. 5,000,000 Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $900,000, (b) $1,100,000, and (c) $1,500,000. Enter answers in dollars and cents, rounding to two decimal places. a. Earnings per share on common stock $ 2.2 X b. Earnings per share on common stock $ c. Earnings per share on common stock $