Ivanhoe Co. had 190000 shares of common stock. 19600 shares of convertible preferred stock, and $1430000 of 5% convertible bonds outstanding during 2025. The preferred stock is convertible into 39500 shares of common stock. During 2025, Ivanhoe paid dividends of $0.90 per share on the common stock and $3 per share on the preferred stock. Each $1000 bond is convertible into 30 shares of common stock. Ivanhoe's net income for 2025 was $602000 and its income tax rate was 35%, Diluted earnings per share for 2025 was $2.21. $2.62. $2.38. $2.17