During $2024,$ Ryabova entered into the following transactions relating to shareholders' equity. The corporation was authorized to issue $20$ million common shares, $$1$ par per share.

Net income for $2024$ was $$130$ million.

January $2$ Issued $10$ million common shares for cash.

January $3$ Entered an agreement with the company president to issue up to $2$ million additional shares of common stock in $2024$ based on the earnings of Ryabova in $2024.$ If net income exceeds $$120$ million, the president will receive $1$ million shares; if net income exceeds $$140$ million, the president will receive $2$ million shares.

Required:

Compute basic and diluted EPS for $2024.$

Note: Round your answers to $2$ decimal places.