Assume a Company Had Net Income of $20,000 and 8,000

Assume a company had net income of $20,000 and 8,000 common shares were outstanding the entire year.Also assume there were 2 convertible securities outstanding the entire year: What is the diluted EPS? (Rounded to the nearest cent)

A) $2.50
B) $2.40
C) $2.11
D) $2.00