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Oriole Corporation reported net income of $ 3 0 0 , 7 8 0 in 2 0 2 5 and had 4 5 , 9

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Oriole Corporation reported net income of $300,780 in 2025 and had 45,900 shares of common stock outstanding throughout the year. Also outstanding all year were 4,900 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share. Oriole's tax rate is 30%.
Compute Oriole's 2025 diluted earnings per share. (Round answer to 2 decimal places, e.g.3.55.)
Diluted earnings per share
$
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