On January 2, 2021, Coronado Industries issued at par $2040000 of 8% convertible bonds. Each $1000 bond is convertible into 10 shares of common stock. No bonds were converted during 2021. Coronado had 194000 shares of common stock outstanding during 2021. Coronados 2021 net income was $906000 and the income tax rate was 35%. Coronados diluted earnings per share for 2021 would be (rounded to the nearest penny):

A

$4.86.

B

$5.16.

C

$4.67.

D

$4.72.