On January 1, 2020, a Company issued 15-year, $3,000,000 face value, 5% bonds, at par. Each $1,000 bond is convertible into 60 shares of Super common stock. Super's net income in 2020 was $550,000, and its tax rate was 20%. The company had 400,000 shares of common stock outstanding throughout 2020. None of the bonds were converted in 2020. Compute diluted earnings per share for 2020.