View Policies Current Attempt in Progress On January 2, 2021. Sunland Company issued at par $1910000 of 6% convertible bonds. Each $1000 bond is convertible into 10 shares of common stock. No bonds were converted during 2021. Sunland had 196000 shares of common stock outstanding during 2021. Sunland's 2021 net income was $895000 and the income tax rate was 30%. Sunland's diluted earnings per share for 2021 would be (rounded to the nearest penny): O $4.67 O $4.57. O $4.53. O $4.97 Save for Later Attempts: 0 of 1 used Submit