Ivanhoe Corp.?s net income for 2017 is $155,000. The only potentially dilutive securities outstanding were 1,800 call options issued during 2016, with each option being exercisable for one share at $19. None have been exercised, and 27,300 common shares were outstanding during 2017. The average market price of the company?s shares during 2017 was $22.

Calculate diluted earnings per share for the year ended December 31, 2017. (Round answer to 2 decimal places, e.g. 15.25.)

Diluted earnings per share

$

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Assuming that the 1,800 call options were instead issued on November 1, 2017 (rather than in 2016), calculate diluted earnings per share for the year ended December 31, 2017. The average market price during the last two months of 2017 was $22. (Round answer to 2 decimal places, e.g. 15.25.)