Comparative Statements of Shareholders' Equity for Locke Intertechnology Corporation were reported as follows for the fiscal years ending December 31, 2016, 2017, and 2018. Statesents of Shareholders' Equity For the Years Ended Dec. 31, 2816, 2817, and 2818 (s in nillions) Preferred ed Additional Total Stock Stock Paid-in Retained Balance at January 1, 2016 5 505 430 76 Sale of preferred shares $1,882 52,442 437 Sale of common shares, 7/ Cash dividend, preferred Cash dividend, common Net incone 82 (13) (13) 260 (16) (17) 260 (53) (17) Balance at December 31, 2016 61 1,811 2,126 3,285 Retirement of common shares, 4/1 Cash dividend, preferred Cash dividend, common 3-for-2 split effected in the form of a (31) common stock dividend, 8/12 Net income 27.5 (27.5) 360 Balance at December 31, 2017 82.5 8.25 952.5 2,450 (98.25) 3,492 10% coenen stock dividend, 5/1 Sale of common shares, 9/1 Cash dividend, preferred Cash dividend, common Net income 90 39 (24) 416 (24) Balance at December 31, 2018 $96.75 $1,075.5 $2,739.75 3,919 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. 2016, 2017 and Prev 5 of 5EE Nex City of Orlando 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, 2016, 2017, and 2018. 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).) ear 2016 2017 2018 Numerator / Earnings per share Prey 5 of 5EE Ne City of Orlando up 1500556