Calculating EPS for a company with convertible bonds GHI Company has net income of $210,000 for the year and a weighted average number of common shares of 100,000 shares. The company's Basic EPS is $2.10. However, the company also has two convertible bond issues outstanding: 1) a 6% issue with a face value of $1 million that was issued in a prior year and is convertible into 20,000 common shares, and 2) a 10% issue with a face value of $1,000,000 that was issued on April 1 of this year and is convertible into 32,000 common shares. The company has a 40% tax rate. What is the company's diluted EPS