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Comparative Statements of Shareholders' Equity for Locke Intertechnology Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020 and 2021. Retained

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Comparative Statements of Shareholders' Equity for Locke Intertechnology Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020 and 2021. Retained Iarning $ 1.904 LOCKE INTERTECHNOLOGY CORPORATION Statements of Shareholders Equity for the Year Ended Dec 31, 2019, 2020, and 2021 is in millions) Preferred Common Additional Stock, Stock, Paid-in $10 par $1 par Capital Balance at January 1, 2019 6 Sale of preferred shares 50 560 540 sale of common shares, 7/1 10 87 Cash dividend, preferred Cash dividend, common Net incon Balance at December 31, 2019 11 60 1,107 Retirement of common shares, 471 (6) (42) Canh dividend, preterred Cash dividend, connon 3-for-2 split oftected in the form of a common stock dividend, 8/12 27.0 27.0) Net Income Balance at December 31, 2020 11 01.0 1,118.0 20 common stock dividend, 5/1 8.10 90 Sale of common shares, 9/1 3 33 Cash dividend, preferred Cash dividend, common et income Dalance at December 31, 2021 511 $92.10 $2,241.0 (2) (15) 370 2,257 (27) Total Shareholders Equity $2,514 551 97 (2) (15) 370 3.515 (75) (2) (19) (19) 470 2,679 (98.10) 420 3.889 (2) (35) 40 $2,981.90 36 (2) (35) 438 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, 2019, 2020, and 2021. No potential common shares were outstanding during any of the periods shown. (Enter your answers in millions rounded to 2

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