Current Attempt in Progress

At December $31,2024,$ Pharoah Co$.$ had $1110000$ shares of common stock outstanding. In addition, Pharoah had $453000$ shares of preferred stock which were convertible into $743000$ shares of common stock. During $2025,$ Pharoah paid $$1140000$ cash dividends on the common stock and $$794000$ cash dividends on the preferred stock. Net income for $2025$ was $$6837570$ and the company's income tax rate was $20\%.$ Diluted earnings per share for $2025$ was

$$6\mathrm{.}00.$

$$2\mathrm{.}65.$

$$3\mathrm{.}69.$

$$6\mathrm{.}16.$