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Exercise 19-16 (Algo) EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold (L019-5, 19-6, 19-7] On December 31, 2020, Berclair Inc. had 500 million

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Exercise 19-16 (Algo) EPS; stock dividend; nonconvertible preferred stock; treasury shares; shares sold (L019-5, 19-6, 19-7] On December 31, 2020, Berclair Inc. had 500 million shares of common stock and 4 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021. Berclair purchased 18 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2021. Three million treasury shares were sold on October 1. Net Income for the year ended December 31, 2021. was $900 million Required: Compute Berclair's earnings per share for the year ended December 31, 2021. (Enter your answers in millions (ie, 10,000,000 should be entered as 10).) Numerator Denominator Earnings per Share

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