oy n uyluss-lase Calculator 5 Sorenson Co. is considering the following alternative plans for financing company: Plan 1 Plan Issue 10% Bonds (at face) $200,000 Issue $10 par Common Stock $300,000 $100,000 Income tax is estimated at 40% of income. Determine the earnings per share of common stock under the two alternative financing plans, assuming income before bond interest and income tax is $75,000. Round your answers to two decimal places. Plan 1 plan Plan 2 plan 2 (previous Next