During $2024,$ its first year of operations, Kevin Berry Industries entered into the following transactions relating to shareholders' equity.

The corporation was authorized to issue $100$ million common shares, $$1$ par per share.

Net income for $2024$ was $$148$ million.

Required:

Compute basic and diluted earnings per share for the year ended December $31,2024.$

Note: Do not round intermediate calculations. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$