Pearl Corporation earned net income of $319,740 in 2017 and had 99,000 shares of common stock outstanding throughout the year. Also outstanding all year was $828,000 of 9% bonds, which are convertible into 20,000 shares of common. Pearls tax rate is 50 percent. Compute Pearls 2017 diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per share $