During the current year, East Corporation had 5 million shares of common stock outstanding. 2,900, $1,000, 6% convertible bonds were issued at face amount at the beginning of the year. East reported income before tax of $9 million and net income of $5.4 million for the year. Each bond is convertible into 10 shares of common stock. What is diluted EPS? (Round your answer to 2 decimal places. Do not round your intermediate calculations.)

	$1.09.
	$1.07.
	$1.08.
	$1.10.