Lerner Co$.$ had $200,000$ ordinary shares, $20,000$ shares of convertible preference shares, and $$1,000,000$ of $10\%$ convertible bonds outstanding during $2011.$ The preference shares are convertible into $40,000$ ordinary shares. During $2011,$ Lerner paid dividends of $$\mathrm{.}90$ per ordinary share and $$3\mathrm{.}00$ per preference share. Each $$1,000$ bond is convertible into $45$ ordinary shares. The net income for $2011$ was $$600,000$ and the income tax rate was $30\%.$

Diluted earnings per share for $2011$ is $($rounded to the nearest penny$)$

Question $2$ options:

$$2\mathrm{.}46.$

$$2\mathrm{.}35.$

$$2\mathrm{.}25.$

$$2\mathrm{.}14.$