Waterfront Marina needs to raise $3.0 million to expand the company. The company is considering issuing other $3,000,000 of 8% bonds payable to borrow the money, or 100,000 shares of common stock at $30 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 in the appropriate column) Less Loss IDAL to deter yake sure to 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 Waterfront? - X More info Before any new financing, Waterfront expects to earn net income of $300,000, and the company already has 100,000 shares of common stock outstanding. Waterfront believes the expansion will increase income before interest and income tax by $500,000. The company's income tax rate is 30%