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Problem 4 (18 Points) Tumer Inc. is considering two alternatives to finance its construction of a new $4 million plant. (a) Issuance of 500,000 shares of common stock at the market price of $10 per share. (by Issuance of $5 million, 6% bonds at par. Instructions Complete the following table You MUST show your work to receive full credit. Issue Stock Issue Bonds Income before interest and taxes $10,000,000 $10,000,000 Interest expense from bonds Income before income taxes 67 $ Income tax expense (40%) Net income $ Outstanding shares 2.000.000 Earnings per share