Question: Please answer the following question. Thank you very much for your assistance. Unbreakable Foods Inc. reported $800 in net income in 2019. Its weighted average

 Please answer the following question. Thank you very much for your

Please answer the following question. Thank you very much for your assistance.

assistance. Unbreakable Foods Inc. reported $800 in net income in 2019. Its

Unbreakable Foods Inc. reported $800 in net income in 2019. Its weighted average shares outstanding for the year is 294 shares. In 2015, Unbreakable sold $1000 of 8%% convertible bonds due 2025 at par. The bonds are convertible into 44 shares of common stock. The tax rate for is 37%. If Unbreakable has no other potentially dilutive securities and no preferred stock, and no conversions occur during the year, how much is diluted EPS? (Round to the nearest cent.) 2.51

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