At January 1, 2018, Canaday Corporation had outstanding the following securities: 760 million common shares 30 million 6% cumulative preferred shares, $50 par 7% convertible bonds, $3,000 million face amount, convertible into 90 million common shares The following additional information is available:

On September 1, 2018, Canaday sold 81 million additional shares of common stock.

Incentive stock options to purchase 50 million shares of common stock after July 1, 2017, at $10 per share were outstanding at the beginning and end of 2018. The average market price of Canadays common stock was $20 per share during 2018.

Canaday's net income for the year ended December 31, 2018, was $1,540 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.

	Numerator	Denominator	Earnings Per share
Basic	1450 (correct)	787 (correct)	1.84 (correct)
Diluted	1576 (correct)	???	???
	See below

****Diluted: Please calculate the Numerator. Thanks!