Sandhill Co. had net income for 2025 of $611000. The average number of shares outstanding for the period was 209000 shares. The average number of shares under outstanding options, at an option price of $31 per share, is 12600 shares. The average market price of the common stock during the year was \$36. What should Sandhill report for diluted earnings per share for the year ended 2025 ? $2.90 $2.76 $2.92 $2.78