Emron Inc. currently has 700,000 shares of common stock outstanding. Emron Inc. is considering these two alternatives to finance its construction of a new $2.00 million plant: 1. Issuance of 200,000 shares of common stock at the market price of $10 per share. 2. Issuance of $2.00 million, 6% bonds at face value. Complete the table. (Round earnings per share to 2 decimal places, e.g. $2.66.) Indicate which alternative is preferable. is preferable