At January 1, 2019, Tru Inc. granted executive stock options to purchase 30,000 of its common shares at $7 each. The market price of common stock was $16 per share on December 31, 2019, and averaged $14 per share for the year. There was no change in the 170,000 shares of outstanding common stock and 20,000 5% cumulative preferred stock, each with $1 par value, during the year. Net income for the year was $25,000. What is Tru Inc.s diluted EPS for the year 2019 rounded to the nearest cent?

	a.	$0.16
	b.	$0.14
	c.	$0.13
	d.	$0.17
	e.	$0.15