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Comparative Statements of Shareholders Equity for Locke Intertechnology Corporation were reported as follows for the fiscal years ending December 31, 2011, 2012, and 2013. LOCKE

Comparative Statements of Shareholders Equity for Locke Intertechnology Corporation were reported as follows for the fiscal years ending December 31, 2011, 2012, and 2013.

LOCKE INTERTECHNOLOGY CORPORATION
Statements of Shareholders' Equity
For the Years Ended Dec. 31, 2011, 2012, and 2013
($ in millions)
Preferred Common Total
Stock, Stock, Additional Retained Shareholders'
$10 par $1 par Paid-in Capital Earnings Equity
Balance at January 1, 2011 70 580 1,912 2,562
Sale of preferred shares 8 580 588
Sale of common shares, 7/1 7 91 98
Cash dividend, preferred (2 ) (2 )
Cash dividend, common (12 ) (12 )
Net income 410 410
Balance at December 31, 2011 8 77 1,251 2,308 3,644
Retirement of common shares, 4/1 (6 ) (46 ) (31 ) (83 )
Cash dividend, preferred (2 ) (2 )
Cash dividend, common (16 ) (16 )
3-for-2 split effected in the form of a common stock dividend, 8/12 35.5 (35.5 )
Net income 510 510
Balance at December 31, 2012 8 106.5 1,170 2,769 4,053
10% common stock dividend, 5/1 10.65 90 (100.65 )
Sale of common shares, 9/1 3 37 40
Cash dividend, preferred (3 ) (3 )
Cash dividend, common (39 ) (39 )
Net income 446 446
Balance at December 31, 2013 8 120.15 1,296.5 3,072.35

4,497

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, 2011, 2012, and 2013. No potential common shares were outstanding during any of the periods shown. (Do not round intermediate calculations and round your final answers to 2 decimal places.)

Earnings per share for the year ended

December 31, 2011 / 2012 / 2013 = ?

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