Sublime Corporation has 500,000 shares of common stock outstanding throughout 2019. In addition, the corporation has 6,000, 10-year, 7% bonds issued at par in 2017. Each $1,000 bond is convertible into 10 shares of common stock. During 2019, the corporation earned net income of $1,000,000. The tax rate was 20%. What should be the diluted earnings per share reported in the financial statements for the year ended December 31, 2019, rounded to the nearest penny? $2.00 $1.79 $2.39 O $2.54