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BE16.13 (LO 5) Rockland Corporation earned net income of $300,000 in 2020 and had 100,000 shares of common stock outstanding throughout the year. Also outstanding all year was $800,000 of 9% bonds, which are convertible into 16,000 shares of common. Rockland's tax rate is 20%. Compute Rockland's 2020 diluted earnings per share. Net income. Adjustment for interest, net of tax[$0X(0.0)]. Adjusted net income. $000 Weighted-average number of shares outstanding adjusted for dilutive securities (0+0) Diluted EPS. $00 $0.0