Uptown Inc. pays income tax at the rate of 30%. The president is considering an investment in new factory equipment of $500.000. He expects the income before faces from the investment to be $55.000 annually. One option is te raise the money by issuing bonds that have a stated interest rate of 7% Alternatively, Uptown Ine can raise the $500,000 by Issuing 100,000 common shares. Currently there are 200,000 common shares outstanding. The curre annual net income after interest and income tax), before considering the investment is 5730,000 per year What is the earnings per common share if bonds are issued? OA. $393 OB. $3.72 OC. $365 OD. $3.70