Online Network Inc. has a net income of $$570,000$ in the current fiscal year. There are $100,000$ shares of common stock outstanding, along with convertible bonds, which have a total face value of $$1\mathrm{.}1$ million. The $$1\mathrm{.}1$ million is represented by $1,100$ different $$1,000$ bonds. Each $$1,000$ bond pays $6$ percent interest. The conversion ratio is $20.$ The firm is in a $40$ percent tax bracket.

a$.$ Compute basic earnings per share. $($Do not round intermediate calculations and round your answer to $2$ decimal places.$)$

b$.$ Compute diluted earnings per share. $($Do not round intermediate calculations and round your answer to $2$ decimal places.$)$