Question: Saved Help Save & Exit Sub ework #1 0 Check my wor On December 31, 2017, Berclair Inc. had 200 million shares of common stock

Saved Help Save & Exit Sub ework #1 0 Check my wor On December 31, 2017, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2018, Berclair purchased 24 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2018. Four million treasury shares were sold on October 1, Net income for the year ended December 31, 2018, was $150 million. Required: Compute Berclairs earnings per share for the year ended December 31, 2018. (Enter your answers in milions (i.e., 10,000,000 should be entered as 10).) tor Earnings per Sh nerator

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