Financial information for Forever 18 includes the following selected data: ($ in millions except per share amounts) Net income Dividends on preferred stock Average shares outstanding Stock price per share 2024 $ 172 2023 $ 185 $ 24 400 $ 19 500 $ 11.82 $ 10.77 Required: 1-a. Calculate earnings per share in 2023 and 2024. 1-b. Did earnings per share increase in 2024? Complete this question by entering your answers in the tabs below. Req 1a Req 1b Calculate earnings per share in 2023 and 2024. Note: Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).