| Onl X exhibits.jpg GEran Corporation "floats" ( C) Solved: Question 4 1 Pts E + Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=assignment-take&inprogress=fe (] Effect of Financing on Earnings per Share Domanico Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 6% (issued at face amount) $5,000,000 Preferred $2.00 stock, $100 par 5,000,000 Common stock, $25 par 5,000,000 Income tax is estimated at 40% of income. Determine the earnings per share of common stock, assuming that the income before bond interest an (a) $600,000, (b) $800,000, and (c) $1,200,000. Enter answers in dollars and cents, rounding to two decimal places. a. Earnings per share on common stock $ b. Earnings per share on common stock $ C. Earnings per share on common stock $ Feedback Check My Work Remember to take interest, income tax and dividends into consideration. O WE