Hopeful, Inc. had net income of $15,600,000 in the most recent year and a weighted average of 6,000,000 common shares outstanding during the year. Hopeful also had 24,000 convertible bonds outstanding with a par value of $1,000 and a coupon rate of 5%. Each bond is convertible into ten common shares. Hopeful's tax rate is 40%. Diluted earnings per share for the year are closest to: A. $2.58. B. $2.60. C. $2.62