Ouyang Inc has the following information for the fiscal year of 2020:

Net income	$1,000,000
Preferred dividend	$100,000
Common dividend	$50,000
Shares outstanding	200,000
Average interest rate	10%
Non-convertible loan	$10,000
Stock options	20,000
Exercise price of stock options	$30
Average market price	$40
Stock options avg. vesting period	4 years

What is the diluted EPS if treasury stock method incorporating the effect of stock options is used?

Group of answer choices

$4.39

$4.42

$4.45

$4.48

$4.51