3. Happy Corporation had 3 million shares of common stock outstanding throughout the year in 2015. During the year, it issued five thousand, RM 1,000 convertible bonds with an interest rate of 8%. These bonds were issued at par on 1/1/2015. Each bond is convertible into 10 shares of common stock. Assume Happy Corporation had a net income of RM 2.4 million for 2015 and has an effective tax rate of 40%. Required: Determine its diluted EPS (rounded). Explain your answer (10 marks)