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Sarasota Corporation reported net income of $ 3 3 1 , 8 4 0 in 2 0 2 0 and had 1 8 6 ,

Sarasota Corporation reported net income of $331,840 in 2020 and had 186,000 shares of common stock outstanding throughout the
year. Also outstanding all year were 34,500 options to purchase common stock at $11 per share. The average market price of the stock
during the year was $15.
Compute diluted earnings per share. (Round answer to 2 decimal places, e.g.3.55.)
Diluted earnings per share $
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