second photo is just to show the scroll down options for the choices in photo one

Brief Exercise 237 The board of directors of Lauber Corporation are considering two plans for financing the purchase of new plant equipment. Plan #1 would require the issuance of $5,000,000, 6%, 20-year bonds at face value. Plan #2 would require the issuance of 200,000 shares of $5 par value common stock that is selling for $25 per share on the open market. Lauber Corporation currently has 100,000 shares of common stock outstanding and the income tax rate is expected to be 30%. Assume that income before interest and income taxes is expected to be $500,000 if the new factory equipment is purchased. Prepare a schedule that shows the expected net income after taxes and the earnings per share on common stock under each of the plans that the board of directors is considering. (If answer is zero please enter 0, do not leave any fields blank. Round earnings per share to 2 decimal places, e.g. 5.25.) Plan #1 Issue Bonds Plan #2 Issue Stock Total Expenses ration are considering two plans for financing the pu mon stock that is selling for $25 per share on the op es is expected to be $500,000 if the new factory equ Income Taxes ected net income after taxes and the earnings per sh 52 decimal places, e.g. 5.25.) Income Before Taxes Earnings Per Share Plan #1 Issue Bonds Plan #2 Issue Stock Income Before Interest and Taxes Net Income Cost of Revenue Outstanding Shares Interest Expense Net Loss rt | vn