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 Stock, $1 par			Additional Paid-in Capital			Retained Earnings			Total Shareholders' Equity
Balance at January 1, 2014			$	95		$	545		$	1,898		$	2,538
Sale of preferred shares	8						510						518
Sale of common shares, 7/1				7			84						91
Cash dividend, preferred										(3	)		(3	)
Cash dividend, common										(12	)		(12	)
Net income										340			340
Balance at December 31, 2014	8			102			1,139			2,223			3,472
Retirement of common shares, 4/1				(6	)		(39	)		(24	)		(69	)
Cash dividend, preferred										(3	)		(3	)
Cash dividend, common										(16	)		(16	)
3-for-2 split effected in the form of a common stock dividend, 8/12				48.0			(48.0	)
Net income										440			440
Balance at December 31, 2015	8			144.0			1,052			2,620			3,824
10% common stock dividend, 5/1				14.40			140			(154.40	)
Sale of common shares, 9/1				3			30						33
Cash dividend, preferred										(3	)		(3	)
Cash dividend, common										(32	)		(32	)
Net income										432			432
Balance at December 31, 2016	8		$	161.40		$	1,222.0		$	2,862.60		$	4,254
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. year numerator/denominator= earnings per share 2014 2015 2016