On December 31, 2015, Fish Company had outstanding 400,000 shares of common stock and 40,000 shares of 8% cumulative, nonconvertible, preferred stock (par $10). On February 28, 2016, Fish issued an additional 36,000 shares of common stock. A 10% common stock dividend was declared and distributed on July 1, 2016 on all outstanding shares of common stock. On September 1, 2016, 9,000 shares were retired. At year-end, there were fully vested incentive stock options outstanding for 30,000 shares of common stock (adjusted for the stock dividend). The exercise price was $18. The market price of the common stock averaged $20 during the year. Also outstanding were $1,000,000 face amount of 10% convertible bonds issued in 2013 and convertible into 50,000 common shares (adjusted for the stock dividend). Net income was $900,000. The tax rate for the year was 40%. Compute diluted EPS (rounded to 2 decimal places) for the year ended December 31, 2016.