Cornbread Corporation earned net income of $300 in 2018 and had 100 shares of common stock outstanding throughout the year, therefore basic EPS was $3.00/share. Also outstanding all year was $400 of 10% bonds, which are convertible into 20 shares of common. Cornbread's tax rate is 20%. Compute Cornbread's 2018 diluted earnings per share (rounded to cent).