Santana Corporation has 420,000 shares of common stock outstanding throughout 2015. In addition, the corporation has 5,000, 20-year, 10% bonds issued at par in 2013. Each $1,000 bond is convertible into 20 shares of common stock after 9/23/16. During the year 2015, the corporation earned $831,180 after deducting all expenses. The tax rate was 30%. Compute the proper earnings per share for 2015.