Tamarisk, Inc. is considering these two alternatives to finance its construction of a new $1.60 million plant: 1. Issuance of 160,000 shares of common stock at the market price of $10 per share. Issuance of $1.60 million, 5% bonds at face value. 2. (a) Complete the table. (Round earnings per share to 2 decimal places, eg. $2.66.) Issue Stock $1,638,000 Issue Bonds $1,638,000 Income before interest and taxes Interest expense from bonds Income before income taxes Income tax expense (30%) Net income $ 820,000 Outstanding shares Earnings per share $ e Textbook and Media Save for Later Attempts:0 of 5 used Submit