Tech has had net income of $1,500,000 in the current fiscal year. There are 1,000,000 shares of common stock outstanding along with convertible bonds, which have a total face value of $8 million. The $8 million is represented by 5,000 different $1,000 bonds. Each $1,000 bond owes and pays 4%. The conversion ratio is 30. The firm is in a 21% tax bracket. What is vickrey's diluted earnings per share.

How do I calculate this?