At December 31, 2020, Bramble Corp. had 1230000 shares of common stock outstanding. In addition, Bramble had 440000 shares of preferred stock which were convertible into 760000 shares of common stock. During 2021, Bramble paid $1110000 cash dividends on the common stock and $794000 cash dividends on the preferred stock. Net income for 2021 was $6720000 and the income tax rate was 40%. The diluted earnings per share for 2021 is (rounded to the nearest penny)

$4.79.

$2.44.

$3.38.

$5.45.