Santana Corporation has 440,000 shares of common stock outstanding throughout 2015. In addition, the corporation has5,400, 20-year, 8% bonds issued at par in 2013. Each $1,000 bond is convertible into 20 shares of common stock after 9/23/16. During the year 2015, the corporation earned $844,800 after deducting all expenses. The tax rate was 30%.

Compute the proper earnings per share for 2015.

Please do not copy from Chegg. Otherwise i have to report the answer.