Required information [The following information applies to the questions displayed below.] Penny Arcades, Inc., is trying to decide between the following two alternatives to finance its new $23 million gaming center: a. Issue $23 million, 6% note. b. Issue 1 million shares of common stock for $23 per share. Required: 1. Assuming the note or shares of stock are issued the beginning of the year, complete the income statement for each alternative. (Enter your answers in dollars, not millions. (i.e., $5.5 million should be entered as 5,500,000 ). Round your "Earnings per Share" to 2 decimal places.)