On December 31, 2022, the equity accounts of Book Creations, Inc., contained the following balances:

Common stock ($10 par, 100,000 shares authorized) 50,000 shares issued and outstanding	$500,000
Retained earnings	$502,800

For the year 2022, the corporation had net income before income taxes of $188,900, income taxes of $37,780, and net income after taxes of $151,120. The corporations tax rate is 20 percent. An expansion of the existing plant at a cost of $594,300 is planned. The corporations president, who owns 60 percent of the corporations common stock, estimates that the expansion would result in an increased net income of approximately $188,900 before interest and taxes. The financial vice president forecasts that the increase would be only $94,450.

Management is considering two possibilities for financing:

1. Issuance of 30,000 additional shares of common stock for $21 per share.
2. Issuance of $594,300 face amount, 10-year, 6 percent bonds payable, secured by a mortgage lien on the plant.

	issuing common stock	issuing bonds
a. net income before interest and taxes
b. total bond interest
taxable income
c. total income tax
d. total income after tax
e. present income after tax
f. increase in/ decrease in net income
g. present eps
h. proposed eps