Question: I have tried and tried with this question and cannot get it to accept the correct answer. Can someone please help with steps? Award: 4.00

I have tried and tried with this question and cannot get it to accept the correct answer. Can someone please help with steps?

I have tried and tried with this question and
Award: 4.00 points On December 31, 2020, Berclaa'r inc, had 500 million shares of common stock and 19 million shares of 9%. $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 120 million shares of its common stock as treasury stock. Berciair issued a 4% 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 $950 million. Also outstanding at December 31 were 72 million incentive stock options granted to key executives on September 13, 2016. The options were exercisable as of September 13, 2020, for 72 rniilion common shares at an exercise price of $60 per share. During 2021, the market price of the common shares averaged $90 per share. The options were exercised on September 1, 2021. Required: Compote Berclair's basic and diluted earnings per share for the year ended December 31, 2021, (Either your answers in millions (i.e.. 10,000,000 should he entered as 10). Do not round intermediate calculations.) Denominator Earnings per Share References Worksheet Learning Objective: 19-05 Learning Objective: 1907 Describe how preferred dividends affect Describe what is meant by the the calculation of EPS weighteduaverage number of common shares. Difficulty: 2 Medium Learning Objective: 19-06 Learning Objective: 19-08 Describe how options. rights, and Differentiate the effect on EPS of warrants are incorporated in the calculation of EPS. the sale of new shares, a stock dividend or stock split, and me reecquisition of shares

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