On January 1, 2019, Ventionary issued bonds with an estimated value of 10 years, $ 3,000,000 (face value), and interest of 6%. Each $ 1,000 of bond will be converted into 15 shares of common stock. Net income for 2019 was $ 240,000, at a tax rate of 40%. Interest expense on the liability component in 2019 is $ 180,000. The company had 100,000 shares in 2019. No bonds were converted in 2019. Calculate the diluted EPS value for 2019.