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Novak Corporation earned net income of $ 4 4 8 , 2 0 0 in 2 0 2 5 and had 1 0 5 ,

Novak Corporation earned net income of $448,200 in 2025 and had 105,000 shares of common stock outstanding throughout the year. Also outstanding all year was $900,000 of 5% bonds, which are convertible into 18,000 shares of common. Novak's tax rate is 30 percent.
Compute Novak's 2025 diluted earnings per share. (Round answer to 2 decimal places, eg.3.55.)
Diluted earnings per share $
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