need help on all 3 parts

Date COLE AF Electronics is considering two plans for raising $2,000,000 to expand operations. Plan A is to issue 6% bonds payable, and plan B is to issue 200,000 shares of common stock. Before any new financing, AF Electronics has net income of $400,000 and 400,000 shares of common stock outstanding, Management believes the company can use the new funds to eam additional income of $800,000 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 answer boxes. Enter "o* for any zero balances. Round earnings per share amounts to the nearest cent.) Begin by completing the analysis below for plan A, then plan B. Plan A: Issue $2,000,000 of 6% Bonds Payable Net income before new project Expected Income on the new project before interest and income tax expenses Less: Interest expense Project income before income tax Less: Income tax expense uirem Project net income Net income with new project Earnings per share with new project: Date Plan A Plan B