4 Chemor On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 milion shares of 9%, 5100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Bercial purchased 24 million shares of its common stock as treasury stock Berclair issued a 5% 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 $150 million Also outstanding at December 31 were 30 million incentive stock options granted to key executives on September 13, 2016. The options were exercisable as of September 13, 2020, for 30 million common shares at an exercise price of $56 per share. During 2021 the market price of the common shares averaged $70 per share. Sint ook The options were exercised on September 1, 2021, Hint Required: Compute Berclair's basic and diluted earnings per share for the year ended December 31 2021. (Enter your answers in millions lie. 10,000,000 should be entered as 10). Do not round intermediate calculations.) Print Denominator Earnings per har Basic Diluted Numerator $ 123 $ 123/ Horeces