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Brief Exercise 16-13 Concord Corporation earned net income of $415,000 in 2017 and had 99,000 shares of common stock outstanding throughout the year. Also outstanding all year was $880,000 of 9% bonds, which are convertible into 19,000 shares of common. Concord's tax rate is 40 percent. Compute Concord's 2017 diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per share Click if you would like to Show Work for this question: Open Show Work