At December 31, 2021, the financial statements of Hollingsworth Industries included the following: Net income for...

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At December 31, 2021, the financial statements of Hollingsworth Industries included the following: Net income for 2021 Bonds payable, 8%, convertible into 36 million shares of common stock Common stock: Shares outstanding on January 1 Treasury shares purchased for cash on September 1 $560 million $300 million 400 million 30 million 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).) Answer is complete but not entirely correct. At December 31, 2021, the financial statements of Hollingsworth Industries included the following: Net income for 2021 Bonds payable, 8%, convertible into 36 million shares of common stock Common stock: Shares outstanding on January 1 Treasury shares purchased for cash on September 1 $560 million $300 million 400 million 30 million 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).) Answer is complete but not entirely correct.