On January 1, 2018, Burke Company issued 15-year, $1,500,000 face value, 5% bonds, at par. Each $1,000 bond is convertible into 20 shares of Burke common stock. Burkes net income in 2018 was $142,000, and its tax rate was 30%. The company had 50,000 shares of common stock outstanding throughout 2018. None of the bonds were converted in 2018. What is the diluted earnings per share for 2018? Round to nearest cent. A) $2.84 B) $2.43 C) $1.78 D) None of the above