Based on the data in Exercise 14-1, what factors other than earnings per share should be considered in evaluating these alternative financing plans?

Data From Exercise 14-1:

Domanico Co., which produces and sells biking equipment, is financed as follows:

Bonds payable, 8% (issued at face amount)                 $10,000,000
Preferred 5% stock, $10 par                                           10,000,000
Common stock, $20 par                                                  10,000,000

Income tax is estimated at 40% of income.
Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $10,500,000, (b) $11,800,000, and (c) $13,000,000.