At December $31,2021,$ the financial statements of Hollingsworth Industries included the following:

Net income for $2021$

$$610$ million

Bonds payable, $8\%,$ convertible into $49$ million shares of common stock

$$400$ million

Common stock:

Shares outstanding on January $1$

Treasury shares purchased for cash on September $1$

Additional data:

The bonds payable were issued at par in $2019.$ The tax rate for $2021$ was $25\%.$

Required:

Compute basic and diluted EPS for the year ended December $31,2021.($Do not round intermediate calculations. Round "Earnings

per share" answers to $2$ decimal places. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).)$