At January 1, 2018, Canaday Corporation had outstanding the following securities 770 million common shares 35 million 6% cumulative preferred shares, $50 par 4% convertible bonds, $3,500 million face amount, convertible into 60 million common shares The following additional information is available .On September 1, 2018, Canaday sold 84 million additional shares of common stock. . Incentive stock options to purchase 60 million shares of common stock after July 1, 2017, at $12 per share were outstanding at the beginning and end of 2018. The average market price of Canaday's common stock was $18 per share during 2018 Canaday's net income for the year ended December 31, 2018, was $1,544 million. The effective income tax rate was 40%. Required 1. & 2. Calculate basic and the diluted earnings per common share for the year ended December 31, 2018. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Answer is complete but not entirely correct. Numerator Denominator 1,439 1,418 x - Earnings per share 1.80 1.65 Basic Diluted