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CALCULATOR PRINTER VERSION BACK NEXT Brief Exerclse 11-11 Lar spur, inc currently has 61 shares ofcommon stock outstanding Larkspur, nc is considering these two ate atives to finance its construction of a new $1.15 million plant: 1. Issuance of 115,000 shares of common stock at the market price of $1o per share. 2. Issuance of $1.15 million, 6% bonds at face value. Complete the table. (Round earnings per share to 2 declmal places,e.g.$2.66.) Issue Stock Issue Bonds Income before interest and taxes Interest expense from bonds Income before income taxes Income tax expense (30%) Net income 610,000 Outstanding shares Earnings per share INTERACTIVE TUTORIAL LINK TO TEXT