Whispering Horizon Corp had the following items, all of which were outstanding throughout the entire fiscal year ending September 30, 2021:

800,000 common shares

300,000 $3 cumulative, no-par value preferred shares

Options to purchase 100,000 common shares at $12 per share. The average market price of Whisperings common shares during the year was $20 per share. None of the options were exercised or expired during fiscal 2021

9% bond with a face value of $2,100,000, convertible to 53,000 common shares. Whisperings net income for fiscal 2021 was $6,700,000, and its tax rate was 15%. Preferred dividends had been paid in all previous fiscal years.

Calculate the proceeds from assumed exercise of options. $ Proceeds from exercise of options Calculate the incremental shares oustanding upon the exercise of options. The incremental shares oustanding upon the exercise of options e Textbook and Media Calculate Whispering's diluted earnings per share for the year. (Round calculations of EPS to 3 decimal places, e.g. $3.545 and provide final answer to 2 decimal places, e.g. 15.25.) Numerator Denominator EPS Basic EPS $ $ Sub Total $ $ Sub Total $ $ Diluted EPS