Information from the financial statements of Park-Rao Industries included the following at December 31,2024 : CommonsharesoutstandingthroughouttheyearConvertiblepreferredshares(convertibleinto25millionsharesofcommon)Convertible8%bonds(convertibleinto15.0millionsharesofcommon)100million Park-Rao's net income for the year ended December 31,2024 , is $820 million. The income tax rate is 25%. Park-Raos paid dividends \$2 per share on its preferred stock during 2024. Required: Compute basic and diluted earnings per share for the year ended December 31, 2024. Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in millions (i.e., 10,000,000 should be entered as 10). Round "Earnings per share" answer to 2 decimal places