Information from the financial statements of Henderson-Niles Industries included the following at December 31, 2018:

Common shares outstanding throughout the year		100	million
Convertible preferred shares (convertible into 20 million shares of common)		55	million
Convertible 10% bonds (convertible into 14.0 million shares of common)	$	1,500	million

Henderson-Niless net income for the year ended December 31, 2018, is $720 million. The income tax rate is 40%. Henderson-Niles paid dividends of $2 per share on its preferred stock during 2018. Required: Compute basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)