Concord Corporation earned net income of $520,230 in 2025 and had 115,000 shares of common stock outstanding throughout the year. Also outstanding all year was $750,000 of 5% bonds, which are convertible into 17,000 shares of common. Concord's tax rate is 30 percent. Compute Concord's 2025 diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per share