"Sunland Company had net income for Year 18 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 Sunland Company report for diluted earnings per share for the year ended Year 18? (rounded to the nearest penny)"

		$2.76
		$2.78
		$2.90
		$2.92