Swifty Corporation earned net income of $388,800 in 2020 and had 108,000 shares of common stock outstanding throughout the year. Also outstanding all year was $750,000 of 5% bonds, which are convertible into 15,000 shares of common. Swiftys tax rate is 20 percent. Compute Swiftys 2020 diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per share