Question: Estimating EPS from Statement of Equity Below is an excerpt from the Consolidated Statement of Equity for Conglomerate Y for the scal year ended Year

Estimating EPS from Statement of Equity
Below is an excerpt from the Consolidated Statement of Equity for Conglomerate Y for the scal year ended Year 10(millions).
Conglomerate Y and SubsidiariesConsolidated Statement of EquityFiscal Year Ended December 27, Year 10SharesAmountPreferred Stock0.8$41Repurchased Preferred StockBalance, beginning of year(0.6)(171)Redemptions(0.1)(10)Balance, end of year(0.7)$(181)Common StockBalance, beginning of year1,529$25Repurchased common stock(24)Balance, end of year1,505$25Capital in Excess of Par ValueBalance, beginning of year$4,095Stock-based compensation expense297Stock option exercises, RSUs, PSUs and Yunits converted(200)Withholding tax on RSUs and PSUs converted(91)Other14Balance, end of year$4,115Retained EarningsBalance, beginning of year$46,420Net income attributable to Conglomerate Y6,513Cash dividends declaredcommon(3,814)Cash dividends declaredpreferred(1)Cash dividends declaredRSUs and PSUs(26)Balance, end of year$49,092
Definitions: RSU: restricted stock units; PSU: performance stock units; Yunits: Conglomerate Y equity performance units.
Required
a. Using this information, estimate basic earnings per share.
Note: Round your answers to the nearest whole dollar.

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