Sorensen co., is considering the following alternative plans for financing the company

rks Window Help Sorenson Co., is considering the following alternative plans for financing the company Plan 1Plan 2 $100,000 Issue 10% Bonds (at face) Issue $10 par Common Stock 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 150,000 $50,000 is $39,000. Round your answers to two decimal places Pian 3.30 x MacBook Pro 34 5 67890 0