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On December 31, 2020, Berchar inc had 240 mellion shares of common stock and 3 milich shares of 9%,5100 par value cumulative prefened stock issued and outstanding On March 1, 202t, Berclair purchased 24 milion shares of its common stock as veasury stock. Berclait issued a 5 si common stock dividend on July 1,2021. Four milion treasury stares were sold on October 1, Net income for the year ended December 31,2021 , was $200 milion. The income tax rate is 25x. Also outstanding at December al wete incentive stock options gramed to key evecutives on September 13, 2016. The options are exercinable as of September 13, 2020 , for 30 malion common shurei at an exprcise price of \$56 per share. Duting 2021 the maket price of the commes shares averaged $70 per share. In 20n7,5500 millon of 8x bonds, convenible into 6 milion common shares, were issued at face value. Aequired: Compule Berclars basic and diluted earnings per shere for the year ended December 34,2021 . (Enter your answers in milliens fi.e. 10,000,000 should be emered as 10 . Do not round intermediate calcuiatians.) On December 31,2020 , Berclair Inc. had 240 million shares of common stock and 3 million shares of 9%,$100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 24 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2021. Four million treasury shares were sold on October 1. Net income for the year ended December 31,2021 , was $200 million. The income tax rate is 25%. Also outstanding at December 31 were incentive stock options granted to key executives on September 13, 2016. The options are exercisable as of September 13,2020, for 30 million common shares at an exercise price of $56 per share. During 2021 , the market price of the common shares averaged $70 per share. In 2017,$50.0 million of 8% bonds, convertible into 6 million common shares, were issued at face value. Required: Compute Berclair's basic and diluted earnings per share for the year ended December 31, 2021. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10 ). Do not round intermediate calculations.)