Last year, East Corporation reported basic and diluted EPS in an amount less than basic EPS due to outstanding stock options. Those options were excercised on January 1 of the current year. During the current year, East Corporation had 10.5 million shares of common stock outstanding. Three thousand three hundred 12% convertible bonds, each with $1,000 face value, were issued at face amount at the beginning of the year. East reported net income of $3.3 million for the year. Each bond is convertible into 10 shares of common stock. The tax rate is 25%. What is diluted EPS (rounded)? (Round your answer to 2 decimal places. Do not round your intermediate calculations.) Multiple Choice O $0.31. O $0.28 O $0.35. $0.29