4. Franklin Company had 100 shares of common stock issued and outstanding at December 31 , 0017. On July 1, 2018, Ferris issued a 10 percent stock dividend. Unexercised stock options to purchase 20 shares of common stock (adjusted for the 2018 stock dividend) at $20 per share were outstanding at the beginning and end of 2018 . The average market price of Franklin's common stock (which was not affected by the stock dividend) was $25 per share during 2018. The ending market price was $40. Net income for the year ended December 31,2018 , was $2,200. What was Franklin's 2018 diluted earnings per share, rounded to the nearest cent