On December 31, 2023, Berclair Incorporated had 400 million shares of common stock and 6 million...

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On December 31, 2023, Berclair Incorporated had 400 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2024, Berclair purchased 30 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2024. . Five million treasury shares were sold on October 1. Net income for the year ended December 31, 2024, was $650 million. Required: Compute Berclair's earnings per share for the year ended December 31, 2024. Note: Do not round Intermediate calculations. Enter your answers in millions (l.e., 10,000,000 should be entered as 10). Numerator Denominator = Earnings per Share 0 On December 31, 2023, Berclair Incorporated had 400 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2024, Berclair purchased 30 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2024. . Five million treasury shares were sold on October 1. Net income for the year ended December 31, 2024, was $650 million. Required: Compute Berclair's earnings per share for the year ended December 31, 2024. Note: Do not round Intermediate calculations. Enter your answers in millions (l.e., 10,000,000 should be entered as 10). Numerator Denominator = Earnings per Share 0