The Swirlie Company had net income for 2018 of $300,000. There is a $1,000,000 beginning balance of $100 par, 8% cumulative preferred stock. No dividends are in arrears. In addition, there is $1,000,000 in 6% convertible bonds outstanding during the year. Each $1,000 bond is convertible into 2 shares of common stock. Swirlies effective tax rate is 20%. Beginning balance in retained earnings is $400,000 Beginning of the year outstanding common stock shares 100,000 Par value is $10 Issued additional shares common stock March 1st 10,000 Received $12 per share Purchased shares of treasury stock on September 1 5,000 Paid $75,000 Issued 2 for 1 stock split on October 17th Required: What is diluted earnings per share for the year? Give numbers only.