DiCenta Corporation reported net income of $262000 in 2012 andhad 50000 shares o

DiCenta Corporation reported net income of $262000 in 2012 andhad 50000 shares of common stock outstanding throughout the year.Also outstanding all year were 6340 shares of cumulative preferredstock each convertible into 2 shares of common. The preferredstock pays an annual dividend of $5 per share. DiCenta tax rate is40%. Compute DiCenta 2012 diluted earnings per share. (Roundanswer to 2 decimal places e.g. 5.23.)