On January $1,2025,$ Whispering Company issued $10-$year, $$2,090,000$ face value, $6\%$ bonds, at par. Each $$1,000$ bond is convertible into $14$ shares of Whispering common stock. Whispering's net income in $2025$ was $$459550,$ and its tax rate was $20\%.$ The company had $101,000$ shares of common stock outstanding throughout $2025.$ None of the bonds were converted in $2025.$a$.$ Compute diluted earnings per share for $2025.($Round answer to $2$ decimal places, eg$.2\mathrm{.}55.)$Diluted earnings per share$b$.$ Compute diluted earnings per share for $2025,$ assuming the same facts as above except that $$1,010,000$ of $6\%$ convertible preferred stock was issued instead of the bonds. Each $$100$ preferred share is convertible into $5$ shares of Whispering common stock. $($Round answer to $2$ decimal places, eg$.2\mathrm{.}55.)$Diluted earnings per share$