Sage Corporation earned net income of $$417,650$ in $2020$ and had $107,000$ shares of common stock outstanding throughout the year.

Also outstanding all year was $$850,000$ of $5\%$ bonds, which are convertible into $17,000$ shares of common. Sage's tax rate

is $30$ percent.

Compute Sage's $2020$ diluted earnings per share. $($Round answer to $2$ decimal places, e$.$g$.3\mathrm{.}55.)$