Effect of Financing on Earnings per Share Miller Co., which produces and sells skiing equipment, is financed as follows: Bonds payable, 10% (issued at face amount) $1,250,000 Preferred $1 stock, $10 par 1,250,000 Common stock, $25 par 1,250,000 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) $400,000, (b) $525,000, and (c) $650,000. Enter answers in dollars and cents, rounding to the nearest cent. a. Earnings per share on common stock $ b. Earnings per share on common stock $ c. Earnings per share on common stock $