Kingbird Corporation earned net income of $$400,300$ in $2025$ and had $108,000$ shares of common stock outstanding throughout the

year. Also outstanding all year was $$900,000$ of $5\%$ bonds, which are convertible into $19,000$ shares of common. Kingbird's tax rate

is $30$ percent.

Compute Kingbird's $2025$ diluted earnings per share. $($Round answer to $2$ decimal places, e$.$g$.3\mathrm{.}55.)$

Diluted earnings per share

$