Cullumber Corporation earned net income of $ $294,000$ in $2023$ and had $98,000$ common shares outstanding throughout the year. Also outstanding all year was $ $720,000$ of $10\%$ bonds that are convertible into $25,000$ common shares. Cullumber$$s tax rate is $30\%.$

Calculate Cullumber$$s $2023$ diluted earnings per share. For simplicity, ignore the IFRS requirement to record the debt and equity components of the bonds separately.