Ihttps// uni Kimmel, Accounting, Ge Hele I System A ES Brief Exercise 11-11 Sage Hil Inc currently has 750.000 shares of common stock outstanding. Sage Hill Inc, is oonsidering these two alternatives to finance its construction of a new $1.85 million plant 1. Issuance of 185,000 shares of common stock at the market price of $10 per share 2. Issuance of $1.85 million, 8% bonds at face value. Complete the table. (Round earnings per share to 2 decimal places, e.o. $2. udy Issue Stock Issue Bonds Income before interest and taxes Interest expense from bonds Income before income taxes Income tax expense (30%) $1,650,000 $1,650,000 Net income Outstanding shares 750,000 Earnings per share Indicate which alternative is preferable Tsance of bonds is preferable. Click if you would like to Show Work for this question: Okesn Show. Work