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Sheridan Inc. is considering two alternatives to finance its construction of a new $3.00 million plant. (a) Issuance of 300,000 shares of common stock at

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Sheridan Inc. is considering two alternatives to finance its construction of a new $3.00 million plant. (a) Issuance of 300,000 shares of common stock at the market price of $10 per share. (b) Issuance of $3,000,000,7% bonds at face value. Complete the following table. (Round earnings per share to 2 decimal places, eg. 0.25.)

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