Marigold Corp. had 207000 shares of common stock, 19200 shares of convertible preferred stock, and $ 609000 of 12% convertible bonds outstanding during 2021. The preferred stock is convertible into 40500 shares of common stock. During 2021, Marigold paid dividends of $ 0.56 per share on the common stock and $ 1.70 per share on the preferred stock. Each $1,000 bond is convertible into 45 shares of common stock. The net income for 2021 was $ 354000 and the income tax rate was 30%. Diluted earnings per share for 2021 is (rounded to the nearest penny) $ 1.24. $ 1.28. $ 1.47. $ 1.50.