Beximco Corporation has net income of 410,000 for the year and it had number of shares outstanding at the beginning of the 2020 was 50,000. During the year, following transactions happened related to number of shares: 1. It offered 20% stock dividend on March 31, and in order to raise additional equity capital, 2. it offered 2:1 right share ( for every 2 existing share, it offered one share at face value of 10).

The company has two convertible debenture bond issues outstanding. One is a 6 percent issue sold at 100 (total 1,000,000) in a prior year and convertible into 20,000 ordinary shares. Interest expense for the current year related to the liability component of this convertible bond is 62,000. The other is a 7 percent issue sold at 100 (total 1,000,000) on April 1 of the current year and convertible into 32,000 ordinary shares. Interest expense for the current year related to the liability component of this convertible bond is 80,000. The tax rate is 40 percent. Find out the diluted EPS.