Analyzing alternative plans to raise money $($Learning Objective $2)$SB Electronics is considering two plans for raising $$4,000,000$ to expand operations. Plan A is to issue $9\%$ bonds payable, and plan B is to issue $500,000$ shares of common stock. Before any new financing, SB Electronics has net income of $$350,000$ and $300,000$ shares of common stock outstanding. Management believes the company can use the new funds to earn additional income of $$700,000$ before interest and taxes. The income tax rate is $21\%.$ Analyze the SB Electronics situation to determine which plan will result in higher earnings per share.