AF Electronics is considering two plans for raising $$2,000,000$ to expand operations. Plan $A$ is to issue $4\%$ bonds payable, and plan B is to issue $500,000$ shares of common stock. Before any new financing, AF Electronics has net income of $$150,000$ and $200,000$ shares of common stock outstanding. Management believes the company can use the new funds to earn additional income of $$300,000$ before interest and taxes. The income tax rate is $21\%.$ Analyze the AF Electronics situation to determine which plan will result in higher earnings per share. $($Complete all input fields. Enter a $0$ for any zero balances.

$\backslash$table$[[,$Plan A: Issue $$2,000,000$ of $4\%$ Bonds Payable$],[$Net income before new project,,,$$,150,000],[$Expected income on the new project before interest and income tax expenses,$$,300,000,,],[$Less: Interest expense,,,,$],[$Project income before income tax,,,,$],[$Less: Income tax expense,,,,$],[$Project net income,,,,$],[$Net income with new project,,,,$],[$Earnings per share with new project:,,,,$],[$Plan A$,,,,]]$