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Blue Corporation reported net income of $ 4 4 5 , 0 5 0 in 2 0 2 5 and had 1 9 8 ,

Blue Corporation reported net income of $445,050 in 2025 and had 198,000 shares of common stock outstanding throughout the
year. Also outstanding all year were 45,000 options to purchase common stock at $12 per share. The average market price of the stock
during the yearwas $15.
Compute diluted earnings per share. (Round answer to 2 decimal places, e.g.3.55.)
Diluted earnings per share
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