At January 1, 2016, Canaday Corporation had outstanding the following securities:

	660 million common shares
	20 million 6% cumulative preferred shares, $50 par
	6% convertible bonds, $3,500 million face amount, convertible into 70 million common shares

The following additional information is available:

	On September 1, 2016, Canaday sold 72 million additional shares of common stock.
	Incentive stock options to purchase 40 million shares of common stock after July 1, 2015, at $14 per share were outstanding at the beginning and end of 2016. The average market price of Canadays common stock was $20 per share during 2016.
	Canaday's net income for the year ended December 31, 2016, was $1,500 million. The effective income tax rate was 40%.

Required:

1. & 2.	Calculate basic and diluted earnings per common share for the year ended December 31, 2016. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Numerator / Demominator = Earnings per share Basic Diluted