On January 2, 2018, Sheridan Company issued at par $2080000 of 5% convertible bonds. Each $1000 bond is convertible into 10 shares of common stock. No bonds were converted during 2018. Sheridan had 204000 shares of common stock outstanding during 2018. Sheridan's 2018 net income was $897000 and the income tax rate was 30%. Sheridan's diluted earnings per share for 2018 would be (rounded to the nearest penny):

$4.40.

$4.56.

$4.84.

$4.31.