Marin Inc. is considering these two alternatives to finance its construction of a new $1.75 million plant: 1. Issuance of 175,000 shares of common stock at the market price of $10 per share. Issuance of $1.75 million, 7% bonds at face value. 2. Complete the table. (Round earnings per share to 2 decimal places, e.g. $2.66.) Issue Stock Issue Bonds Income before interest and taxes $1,630,000 $1,630,000 Interest expense from bonds Income before income taxes Income tax expense (40%) Net income $ $ Outstanding shares 730,000 Earnings per share $ $ Indicate which alternative is preferable. eferable. Issuance of bonds Issuance of stock