Last year, East Corporation reported basic and diluted EPS in an amount less than basic EPS due to outstanding stock options. Those options were excercised on January 1 of the current year. During the current year, East Corporation had 2.5 million shares of common stock outstanding. Two thousand one hundred 12% convertible bonds, each with $1,000 face value, were issued at face amount at the beginning of the year. East reported net income of $2.1 million for the year. Each bond is convertible into 10 shares of common stock. The tax rate is 30%. What is diluted EPS (rounded)

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