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In 2 0 2 5 , Carla Vista paid dividends of $ 0 . 9 per share on its common stock and $ 3 per

In 2025, Carla Vista paid dividends of $0.9 per share on its common stock and $3 per share on its preferred stock. The preferred stock is convertible into 29900 shares of common stock. The 7% convertible bonds are convertible into 75400 shares of common stock. The net income for the year ended December 31,2025, was $399000. Assume that the income tax rate was 30%. What should the basic earnings per share for the year ended December 31,2025?

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