23. On January 2, 2021, Crane Company issued at par $290000 of 5% convertible bonds. Each $1,000 bond is convertible into 60 shares. No bonds were converted during 2021. Crane had 90000shares of common stock outstanding during 2021. Crane's 2021 net income was $150000 and the income tax rate was 25%. Crane's diluted earnings per share for 2021 would be (rounded to the nearest penny)

$1.53.

$1.50.

$1.67.

$1.39.