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The Splish Corporation issued 1 0 - year, $ 5 , 8 0 0 , 0 0 0 par, 7 % callable convertible subordinated debentures

The Splish Corporation issued 10-year, $5,800,000 par, 7% callable convertible subordinated debentures on January 2,2025. The bonds have a par value of $1,000, with interest payable annually. The current conversion ratio is 15:1, and in 2 years it will increase to 18:1. At the date of issue, the bonds were sold at 99. Bond discount is amortized on a straight-line basis. Splish's effective tax was 20%. Net income in 2025 was $11,250,000, and the company had 2,195,000 shares outstanding during the entire year.
Compute both basic and diluted earnings per share. (Round answers to 2 decimal places, e.g.2.55.)
Basic earnings per share
$
Diluted earnings per share
$
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