. Speegleville Marina needs to raise $1.0 million to expand the company. The company is considering issuing either: $1,000,000 of 8% bonds payable to borrow the money; or 150,000 shares of common stock at $7 per share. (Click the icon to view additonal information.) Read the requirements. . Start by preparing the analysis to determine which plan is likely to result in higher earnings per share (EPS). (For amounts with a $0 balance, make sure to enter "O" in the appropriate column.) - Requirements Prepare an analysis to determine which plan is likely to result in the higher earnings per share. Based solely on the earnings-per-share comparison, which financing plan would you recommend for Speegleville? Less: More info Less: Before any new financing, Speegleville expects to earn net income of $500,000, and the company already has 100,000 shares of common stock outstanding. Speegleville believes the expansion will increase income before interest and income tax by $300,000. The company's income tax rate is 40%