Current Attempt in Progress

Pharoah Co$.$ had net income for $2025$ of $\backslash (\backslash$$ $595000\backslash ).$ The average number of shares outstanding for the period was $193000$ shares. The average number of shares under outstanding options, at an option price of $\backslash (\backslash$$ $29\backslash )$ per share, is $12600$ shares. The average market price of the common stock during the year was $\backslash (\backslash$$ $36\backslash ).$ What should Pharoah report for diluted earnings per share for the year ended $2025?$

$\backslash$$$2\mathrm{.}89$

$\backslash$$$3\mathrm{.}08$

$\backslash$$$3\mathrm{.}04$

$\backslash$$$2\mathrm{.}93$