Carla Vista Inc. had net income for the fiscal year ended June 30, 2020, of $5,800,000. There were 500,000 common shares outstanding throughout 2020. The average market price of the common shares for the entire fiscal year was $50. Carla Vistas tax rate was 25% for 2020. Carla Vista had the following potential common shares outstanding during 2020:

1.		Options to buy 170,000 common shares at $40 per share.
2.		170,000 convertible preferred shares entitled to a cumulative dividend of $10 per share. Each preferred share is convertible into 1.5 common shares.
3.		7% convertible bonds with a principal amount of $37,900,000, issued at par. Each $1,000 bond is convertible into 25 common shares.

Calculate diluted earnings per share for 2020. (Round earnings per share to 2 decimal places, e.g. 15.25.)

		Numerator			Denominator		EPS
Basic		$					$
$10 Preferred shares7% bondsOptions
Sub Total
$10 Preferred shares7% bondsOptions
Sub Total
$10 Preferred shares7% bondsOptions
		$