During the current year, Tseng Corporation had $3\mathrm{.}45$ million shares of common stock outstanding $$5,075,000$ of $7\%$ convertible bonds were issued at face amount at the beginning of the year. Tseng reported income before tax of $$4\mathrm{.}60$ million and net income of $$3\mathrm{.}45$ million for the year. The bonds are convertible into $640,000$ shares of common. What is diluted EPS $($rounded$)?$

Multiple Choice

$$0\mathrm{.}91$

$$0\mathrm{.}93$

$$1\mathrm{.}03$

$$1\mathrm{.}08$