please go over the formula on paper step by step

2. Dalton Hardware would like to expand its' facilities. The financial manager plans to raise an additional $800,000. It is anticipated that sales will increase to $4,200,000 after the expansion. The new variable cost figure will be $980,000 and the new fixed cost figure will be $1,120,000. The existing $200,000 interest expense figure as well as any increased interest expenses will have to be met. The tax rate remains at 38%. Plan A-Issue $800,000 in bonds paying 9% interest. 5a) Calculate the earnings per share under Plan A. 2. Dalton Hardware would like to expand its' facilities. The financial manager plans to raise an additional $800,000. It is anticipated that sales will increase to $4,200,000 after the expansion. The new variable cost figure will be $980,000 and the new fixed cost figure will be $1,120,000. The existing $200,000 interest expense figure as well as any increased interest expenses will have to be met. The tax rate remains at 38%. Plan A-Issue $800,000 in bonds paying 9% interest. 5a) Calculate the earnings per share under Plan A