At December 31, 2020, Bonita Industries had 1110000 shares of common stock outstanding. In addition, Bonita had 453000 shares of preferred stock which were convertible into 743000 shares of common stock. During 2021, Bonita paid $1140000 cash dividends on the common stock and $794000 cash dividends on the preferred stock. Net income for 2021 was $6840000 and the income tax rate was 45%. The diluted earnings per share for 2021 is (rounded to the nearest penny) $2.67. $6.15. O $3.69. $5.49