Three Financing Alternatives Earnings per Share Computation You are the chief financial officer of a small corporation that is not doing very well net income wise. In fact the last income statement showed $0.00 net income. The board of directors is advising that the company has an opportunity to increase net income before interest and taxes from $0 to $2,000,000 However, to pursue this opportunity the company needs to raise $5,000,000 as the company has little cash. Instructions: a. Complete the bottom portion of the income statement appearing on the next sheet for each independent alternative. b. After completing the income statements, compute earnings per share under each independent alternative