Blossom Corporation earned net income of $390,000 in 2020 and had 115,000 common shares outstanding throughout the year. Also outstanding all year was $810,000 of 10% bonds that are convertible into 20,000 common shares. Blossoms tax rate is 25%. Calculate Blossoms 2020 diluted earnings per share. For simplicity, ignore the IFRS requirement to record the debt and equity components of the bonds separately. (Round answer to 2 decimal places, e.g. 15.25.)