Sorenson Co. is considering the following alternative plans for financing the company: Issue 10% bonds (at face) Issue $10 par common stock Plan 1 Plan 2 $20,000 $30,000 $10,000 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 $9,000. Round your answers to two decimal places. Plan 1 Earnings Per Common Share 4 Plan 2