Soup company has 30,000 shares of common stock outstanding during all of 2019. This common stock has been selling at an average market price of $45 per share. Soup also has outstanding compensatory share options to purchase 4,000 shares of common stock at $32 per share for the entire year. The unrecognized compensation cost, which is net of tax, relating to these share options is $3 per share. During 2019, Soup earned income of $36,000 after income taxes of 30%. Required

a. Compute Soups 2019 diluted earnings per share.