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Headland Corporation earned net income of $354,700 in 2020 and had 102,000 shares of common stock outstanding throughout the year. Also outs anding allyear was

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Headland Corporation earned net income of $354,700 in 2020 and had 102,000 shares of common stock outstanding throughout the year. Also outs anding allyear was $900,000 of 5% bonds, which are convertible into 19,000 shares of common. Headland's tax rate is 30 percent. Compute Headland's 2020 difuted earnings per share. (Round answer to 2 decimal places, e 8.3.55) Diluted earnings per share

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