Blossom Corporation had net income of $50,100 for the year ended December 31, 2020, and a weighted average number of common shares outstanding of 10,100. The following information is provided regarding the capital structure:

1.		5% convertible debt, 210 bonds each convertible into 41 common shares. The bonds were outstanding for the entire year. The income tax rate is 35%. The bonds were issued at par ($1,000 per bond). No bonds were converted during the year.
2.		3% convertible, cumulative $100 preferred shares, 1,000 shares issued and outstanding. Each preferred share is convertible into 2 common shares. The preferred shares were issued at par and were outstanding the entire year. No shares were converted during the year.

alculate the diluted earnings per share for 2020, using the ifconverted method. For simplicity, ignore the requirement to record the debt and equity components of the bonds separately. (Round earnings per share to 2 decimal places, e.g. 15.25.)

		Numerator		Denominator		EPS
Basic		$enter a dollar amount		enter a dollar amount		$enter a dollar amount rounded to 2 decimal places
select an item BondsPreferred shares		enter a dollar amount		enter a dollar amount
Sub Total		enter a dollar amount		enter a dollar amount		enter a dollar amount rounded to 2 decimal places
select an item BondsPreferred shares		enter a dollar amount		enter a dollar amount
		$enter a total amount		enter a total amount		$enter a dollar amount rounded to 2 decimal places

Diluted EPS

enter the diluted earnings per share in dollars