Speedtown Marina needs to raise $0.8 million to expand the company. Speedtown Marina is considering the issuance of other - $800,000 of 8% bonds payable, or 100,000 common shares at $8 per share. (Click the icon to view additional information.) Prepare an analysis to determine which plan is likely to result in higher earnings per share. Based solely on the earnings-per-share comparison, which financing plan would you recommend for Speedtown Marina? en en Start by preparing the analysis to determine which plan is likely to result in higher earnings per share (EPS). (For amounts with a 50 balance, make sure to enter in the appropriate column) Plan 1 Plan 2 Issue $800,000 Issue $800,000 of 6% Bonds Payable of Common Shares er Less er Loss Which financing plan would you recommend based solely on EPS? er X Additional info Before any new financing, Speedtown Marina expects to earn net income of 5500,000, and the company already has 100,000 shares of common shares outstanding. Speedtown Marina believes the expansion will increase income before interest and income tax by $220,000. The income tax rate is 35% Print Dona