The following information is available for Bear Company for the year 2015: 220,000 Ordinary shares issued and outstanding (January 1): Average Market price of the share over the year: Net income for the year: $25 $1,100,000 Unexercised stock options to purchase 40,000 ordinary shares at a strike price of $20 exist for the whole year. What amount should be reported as diluted earnings per share? O 4.90 4.82 0 4.79