Speegleville Manna needs to raise $1.1 milion to expand the company Speeglevile Marina confering a suceder 51,100,000 of 7% bonds payabia, or . 100.000 common shares at $11 per share (Click the icon to view additional information) Prepare an analysis to determine which plan is hy to result in germingsperre. Besed solely on the eating per conton which francing plan would you recommend for Sogetiera Start by preparing the analysis to determine which pianistkoy to rest in higher earings pershane (EPS). For amounts with a so balancs, mais sure to enter in the appropriate column) Plan Plan 2 Issue 51,100,000 I 51.100.000 of Bonds Payable of Common Shares Los Who financing plan would you record bones EPST . payable, 100,000 common shares at $11 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 Start by preparing the analysis to determine which plan is likely to result in higher earnings per sh Plan 1 Issue $1,100,000 of 7% Bonds Payable Earnings per share after expansion Expected project income before income tax Expected project income before interest and income tax Expected project net income Income tax expense Interest expense Net income before expansion Total company net income higher earnings per share (EPS). (For amounts with a $0 balance, make sure to enter "o" in the appropriate column.) Additional info Before any new financing, Speegleville Marina expects to earn net income of $250,000, and the company already has 100,000 shares of common shares outstanding. Speegleville Marina believes the expansion will increase income before interest and income tax by $220,000. The income tax rate is 35%. Print Done