Crane Company had 190000 shares of common stock, 19000 shares of convertible preferred stock, and $1400000 of 4% convertible bonds outstanding during 2018. The preferred stock is convertible into 39000 shares of common stock. During 2018, Crane paid dividends of $0.80 per share on the common stock and $2 per share on the preferred stock. Each $1,000 bond is convertible into 30 shares of common stock. The net income for 2018 was $590000 and the income tax rate was 35%. Diluted earnings per share for 2021 is (rounded to the nearest penny)