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Calculating and Interpreting EPS Information Wells Fargo reports the following information in its Form 10-KI In millions 2018 2017 Wells Fargo net income $22,393 $22,183

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Calculating and Interpreting EPS Information Wells Fargo reports the following information in its Form 10-KI In millions 2018 2017 Wells Fargo net income $22,393 $22,183 Preferred stock dividends $1,556 $1,629 Common stock dividends $7,955 $7,708 Average common shares outstanding 4,799.7 4,964.6 Diluted average common shares outstanding 4,838.4 5,017.3 Determine Wells Fargo's basic EPS for fiscal 2018 and for fiscal 2017. Round answers to two decimal places. Basic EPS 2018 $ 4.34 2017 $ 4.14

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