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Owl Co. reported $450,000 net income and paid $50,000 common dividends for 2020, with a 35% tax rate and 100,000 common shares outstanding all year.On

Owl Co. reported $450,000 net income and paid $50,000 common dividends for 2020, with a 35% tax rate and 100,000 common shares outstanding all year.On September 30, 2020, Owl issued $1,000,000, 6%, 5-year bonds at par, convertible to 25,000 common shares.If Owl has no other dilutive securities, what is Owl's 2020dilutedearnings per share?

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$3.86

$3.91

$4.38

$3.68

$4.33

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