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Tamarisk Corporation earned net income of $276,300 in 2025 and had 111,000 shares of common stock outstanding throughout the year. Also outstanding all year was

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Tamarisk Corporation earned net income of \$276,300 in 2025 and had 111,000 shares of common stock outstanding throughout the year. Also outstanding all year was $700,000 of 5% bonds, which are convertible into 17,000 shares of common. Tamarisk's tax rate is 30 percent. Compute Tamarisk's 2025 diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per share $

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