As of December 31, 2011,JPMorgan Chase & Co. was one of the largest banking institutions in the United States with $2.3 trillion in assets, $183.6 billion in stockholders' equity, and operations in more than 60 countries. For the year ended December 31, 2011, JPMorgan Chase had net income of $18,976 million and paid preferred dividends of $1,408 million. An average of$ 3,900 million common shares were outstanding during the year.

Requirements 1 and 2. Determine the formula, then compute (1) JPMorgan Chase's EPS and (2) JPMorgan Chase's diluted EPS for each of the requirement scenarios. (Enter amounts in millions. For accounts with a $0 balance, make sure to enter "0" in the appropriate cell. Round your answers to the nearest cent.)

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