19. At December 31, 2020, Sunland Company had 804000 shares of common stock outstanding. On October 1, 2021, an additional 160000 shares of common stock were issued. In addition, Sunlandhad $9900000 of 4% convertible bonds outstanding at December 31, 2020, which are convertible into 359000 shares of common stock. No bonds were converted into common stock in 2021. The net income for the year ended December 31, 2021, was $2500000. Assuming the income tax rate was 30%, the diluted earnings per share for the year ended December 31, 2021, should be (rounded to the nearest penny)

$2.08.

$3.29.

$2.41.

$2.31.