Information concerning the capital structure of Pharoah Corporation is as follows:

$20252026$

Common stock $146000$ shares $146000$ shares

Convertible preferred stock $15100$ shares $15100$ shares

$6\%$ convertible bonds $$2460000$ $$2460000$

In $2025,$ Pharoah paid dividends of $$0\mathrm{.}90$ per share on its common stock and $$3\mathrm{.}00$ per share on its preferred stock. The preferred stock is convertible into $30800$ shares of common stock. The $6\%$ convertible bonds are convertible into $75800$ shares of common stock. The net income for the year ended December $31,2025,$ was $$401880.$ Assume that Pharoah's income tax rate was $30\%.$ What should Pharoah report for diluted earnings per share for the year ended December $31,2025?$

a$)$ $$1\mathrm{.}81$

b$)$ $$2\mathrm{.}00$

c$)$ $$2\mathrm{.}28$

d$)$ $$2\mathrm{.}07$