Expected EPSMerger decision Graham & Sons wishes to evaluate a proposed merger into the RCN Group. Graham had 2019 earnings of $250,000, has 100,000 shares of common stock outstanding, and expects earnings to grow at an annual rate of 7%. RCN had 2019 earnings of $900,000, has 200,000 shares of common stock outstanding, and expects its earnings to grow at 4% per year. a. Calculate the expected eamings per share (EPS) for Graham & Sons for each of the next 5 years (2020-2024) without the merger . b. What would Graham's stockholders earn in each of the next 5 years (2020-2024) on each of their Graham shares swapped for RCN shares at a ratio of 0.6 share of RCN for 1 share of Graham? a. The expected EPS for Graham & Sons for year 2020 without the merger is s Box (Round to the nearest cent.)