Henderson-Niles's net income for the year ended December 31, 2021, is $980 million. The income tax rate is 25%. Henderson-Niles paid dividends of \$2 per share on its preferred stock during 2021. Required: Compute basic and diluted earnings per share for the year ended December 31, 2021. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Round "Earnings per share" answers to 2 decimal places.)