Mirrlees Corp. has $$3,000,000$ bonds convertible into $50$ shares per $$1,000$ bond. Mirrlees has $1,000,000$ outstanding shares. Mirrlees has a tax rate of $21\%.$ The average $Aa$ bond yield at the time of issue was $10\%.$ Compute the "diluted earnings per share" if after$-$tax earnings are $$1,400,000.$

$$1\mathrm{.}42$

$$1\mathrm{.}25$

$$1\mathrm{.}33$

$$ $$1\mathrm{.}17$