Roland 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 5% bonds, which are convertible into 16,000 shares of common. Roland's tax rate is 20%. Compute Roland's 2020 diluted earnings per share. O $2.98 O $2.86 O $3.12 O $2.46 O $2.54