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Kingbird Corporation earned net income of $275,900 in 2017 and had 111,000 shares of common stock outstanding throughout the year. Also outstanding all year was

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Kingbird Corporation earned net income of $275,900 in 2017 and had 111,000 shares of common stock outstanding throughout the year. Also outstanding all year was $700,000 of 5% bonds, which are convertible into 17.000 shares of common Kingbird's tax rate is 30 percent Compute Kingbird's 2017 diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55) Diluted earnings per share $

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