Hang on Three different plans for firunong a $5,600,000 corporation are under consideration by its organizers Underwach of the following plans the securities will be issued at their par or face amount and the income tax rate is estimated at 40% of income Plan 1 Plan 2 2.800,000 104. bonds Preferred 10% stod 5100 per Common stock 54 Total Plan $2,300,000 1.400.000 1.400.000 55,600.000 55.600.000 55,600.000 2.500.000 $5.600.000 round the answers to nearest cont. Instructions 1. Determine for each plan thengs per share of common stock, assuming that the income before bond interest and income tax is $1.300.000 Earnings per share of common stock Pant X per share per share an per share 2. Determine for each plan the coming per share of common stock, assuming that the income before bond interest and income tax is $345,000 Earnings per share of common stock Plan per share Plan 2 per share Fan per share