Comparative Statements of Shareholders' Equity for Locke Intertechnology Corporation were reported as follows for the fiscal years ending December 31, 2014, 2015, and 2016. LOCKE INTERTECHNOLOGY CORPORATION Statements of Shareholders' Equity For the Years Ended Dec. 31, 2014, 2015, and 2016 ($ in millions) Preferred Stock, $10 par Common Additional Total Stock, Paid-in Retained Shareholders' $1 par Capital Earnings Equity Balance at January 1, 2014 Sale of preferred shares Sale of common shares, 7/1 Cash dividend, preferred $ 60 $ 570 $ 1,908 $2,538 6 560 566 5 89 94 (4) (4) Cash dividend, common (17) (17) Net income 390 390 Balance at December 31, 2014 6 65 Retirement of common shares, 4/1 Cash dividend, preferred Cash dividend, common 3-for-2 split effected in the form of 8 1,219 2,277 3,567 (4) (44) (29) (77) (4) (4) (21) (21) a common stock dividend, 8/12 30.5 (30.5) Net income 490 490 Balance at December 31, 2015 6 91.5 1,144 2,713 3,955 10% common stock dividend, 9.15 90 (99.15) 5/1 Sale of common shares, 9/1 3 35 38 Cash dividend, preferred (4) (4) Cash dividend, common (37) (37) Net income 442 442 Balance at December 31, 2016 6 $103.65 $1,269.5 $3,014.85 $4,394 Required: Infer from the statements the events and transactions that affected Locke Intertechnology Corporation's shareholders' equity and compute earnings per share as it would have appeared on the income statements for the years ended December 31, 2014, 2015, and 2016. No potential common shares were outstanding during any of the periods shown. (Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50).) Numerator / Denominator = Earnings per share Year 2014 2015 2016 = = =