Crane Corporation earned net income of $210,000 in 2020 and had 88,000 common shares outstanding throughout the year. Also outstanding all year was $930,000 of 10% bonds that are convertible into 29,000 common shares. Cranes tax rate is 35%. Calculate Cranes 2020 diluted earnings per share. For simplicity, ignore the IFRS requirement to record the debt and equity components of the bonds separately.