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On December $31,2023,$ Berclair Incorporated had $220$ million shares of common stock and $4$ million shares of $9\%,$$$100$ par value cumulative preferred stock issued and outstanding.

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On March $1,2024,$ Berclair purchased $32$ million shares of its common stock as treasury stock.

Berclair issued a $5\%$ commen stock dividend on July $1,2024.$

Four million treasury sharestwere sold on October $1.$

Net income for the year ended December $31,2024,$ was $$200$ million.

Also outstanding at December $31$ were $30$ million incentive stock options granted to key executives on September $13,2019.$

The options were exercisable as of September $13,2023,$ for $30$ million common shares at an exercise price of $$56$ per share.

During $2024,$ the market price of the common shares averaged $$70$ per share.

Required:

Compute Berclair's basic and diluted earnings per share for the year ended December $31,2024.($Shares for stock options and conversion of convertible securities have been adjusted for any stock split or stock dividend.$)$

Note: Do not round intermediate calculations. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$