7 T Part 1 of 2 10 points eBook Hint Print Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income Dividends on preferred stock Average shares outstanding Stock price 2024 2023 $171 $201 $21 $16 228 300 $11.97 $10.92 Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? Complete this question by entering your answers in the tabs below. References Req 1a Req 1b Calculate earnings per share in 2023 and 2024. (Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) 2023 2024 Earnings Per Share Numerator/Denominator Amounts < Req 1a Req 1b > Check my work