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On January 2, 2021. L Co. issued at face value $25,500 of 2bondi convertible in total into 2.300 shares of common stock No bonds were

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On January 2, 2021. L Co. issued at face value $25,500 of 2bondi convertible in total into 2.300 shares of common stock No bonds were converted during 2021 Throughout 2021. L had 2,100 shares of common stock outstanding Ls 2021 net income was $7,500,t's income tax rate is 20% No potential common shares other than the convertible bonds were outstanding during 2021 L's diluted earnings per share for 2021 would be Multiple Choice $1.79 $1.88 $1.91 Multiple Choice $179. $1.88 $1.91 $3.57

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