Waterway Industries had net income for 2021 of $615000. The average number of shares outstanding for the period was 201000 shares. The average number of shares under outstanding options, at an option price of $29 per share is 12600 shares. The average market price of the common stock during the year was $36. What should Waterway Industries report for diluted earnings per share for the year ended 2021 ? $3.02 $2.88 $3.06 $2.91