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Question 9 of 20 December 11.2000 7000 har for the wordt . 3 $ 4 8 7 w E R . Y U P S D F G H J K L Y R N M Wer is correct At December 31, 2020, Oriole Company had 797000 shares of common stock outstanding, On October 1, 2021, an additional 155000 shares of common stock were issued. In addition, Oriole had $10000000 of 5% convertible bonds outstanding at December 31, 2020, which are convertible into 366000 shares of common stock, No bonds were converted into common stock in 2021. The net income for the year ended December 31, 2021, was $2490000. Assuming the income tax rate was 25%, the diluted earnings per share for the year ended December 31, 2021, should be (rounded to the nearest penny) $2.49 $2.07 $3.43 $2.38 e Textbook and Media Question 9 of 20 December 11.2000 7000 har for the wordt . 3 $ 4 8 7 w E R . Y U P S D F G H J K L Y R N M Wer is correct At December 31, 2020, Oriole Company had 797000 shares of common stock outstanding, On October 1, 2021, an additional 155000 shares of common stock were issued. In addition, Oriole had $10000000 of 5% convertible bonds outstanding at December 31, 2020, which are convertible into 366000 shares of common stock, No bonds were converted into common stock in 2021. The net income for the year ended December 31, 2021, was $2490000. Assuming the income tax rate was 25%, the diluted earnings per share for the year ended December 31, 2021, should be (rounded to the nearest penny) $2.49 $2.07 $3.43 $2.38 e Textbook and Media

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