At December 31, 2024, the financial statements of Hollingsworth Industries included the following:

Net income for 2024	$ 610	million
Bonds payable, 8%, convertible into 49 million shares of common stock	$ 400	million
Common stock:
Shares outstanding on January 1	550	million
Treasury shares purchased for cash on September 1	36	million

Additional data:

The bonds payable were issued at par in 2022. The tax rate for 2024 was 25%.

Required:

Compute basic and diluted EPS for the year ended December 31, 2024.

Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in millions (i.e., 10,000,000 should be entered as 10). Round "Earnings per share" answer to 2 decimal places.