During 2021, Orakpo Inc. had 516,000 shares of common stock and 58,000 shares of 5% cumulative preferred stock outstanding. The preferred stock has a par value of $100 per share. Orakpo Inc. did not declare or pay any dividends during 2021. Orakpo Inc.'s net income for the year ended December 31, 2021, was $4.1 million. The income tax rate is 20%. Orakpo Inc. granted 26,000 stock options to its executives on January 1 of this year. Each option gives its holder the right to buy 20 shares of common stock at an exercise price of $45 per share. The options vest after one year. The market price of the common stock averaged $46 per share during 2021. What is Orakpo Inc.'s diluted earnings per share for 2021, rounded to the nearest cent?