An analyst has gathered the following information about Barnstabur, Inc., for the year: Reported net income of $30,000. 5,000 shares of common stock and 2,000 shares of 8%, $90 par preferred stock outstanding during the whole year. Barnstabur, has $60,000 of 6.0% convertible bonds outstanding, with each of the 60 bonds convertible into 110 shares of Barnstabur common stock. If Barnstabur's effective tax rate is 40%, what will Barnstabur report for diluted earnings per share (EPS)?