Arctic Heаlth Technоlоgies Ltd. repоrted net income of $1,440,000 аnd hаd 450,000 weighted-average common shares outstanding during the year.An acquisition agreement was in place on January 1 and remained outstanding throughout the year. Under the agreement, Arctic must issue 30,000 additional common shares to the former owners of a subsidiary if the subsidiary earns at least $600,000 during the current year.The subsidiary earned $660,000 during the current year. The shares will be formally issued in February of the following year.Arctic has no other potentially dilutive securities.What diluted earnings per share should Arctic report?