On January 1, 2023, Ryan Comparny had 10,000 shares of common stock outstanding and 3,000 shares of 7%,$100 par, cumulative preferred stock outstanding. It also had stock options giving key personnel the option to buy 5,000 common shares at $40. Net income for 2023 was $54,000. The income tax rate is 40%. During 2023, the average market price of the common shares was $50. Assuming that NO stock options were exerdsed during the year, compute the 2023 diluted earnings per share for Ryan Company: A. $3.38 B. $3.30 C. $3.00 D. $2.06