Following is information taken from Pharoah Inc.'s December 31, 2017 balance sheet:

8% bonds payable, $5,200,000 maturing December 31, 2020,

each $1,000 bond convertible into 16 common shares$5,200,0005% bonds payable, $3,200,000, maturing December 31, 2025,

each $1,000 bond convertible into 55 common shares at any time up to December 31, 2020$3,200,000Cumulative preferred shares, $6, no-par value, convertible at

1 preferred share for 5 common shares, 106,000 shares outstanding$2,756,000Common shares, no par-value, 2,500,000 shares outstanding

Pharoah's net income after tax for 2017 was $5,736,000, and the company was subject to an income tax rate of 41%. Both classes of bonds were outstanding the entire year, as were the preferred shares. The weighted-average number of common shares outstanding during the period was 2,400,000. (For simplicity, ignore the requirement to record the debt and equity portions of the convertible bond separately).

Calculate Pharoah's diluted EPS for 2017. (Round calculations of EPS to 3 decimal places, e.g. $3.545 and provide final answer to 2 decimal places, e.g. 15.25.)