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Windsor Corporation reported net income of $$311,750$ in $2025$ and had $199,000$ shares of common stock outstanding throughout the

year. Also outstanding all year were $48,000$ options to purchase common stock at $$10$ per share. The average market price of the stock

during the year was $$15.$

Compute diluted earnings per share. $($Round answer to $2$ decimal places, e$.$g$.3\mathrm{.}55.)$