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At January 1, 2021, Canaday Corporation had outstanding the following securities: 790 million common shares 20 million 4% cumulative preferred shares, $50 par 6.4% convertible bonds. $3,000 million face amount convertible into 80 million common shares The following additional information is available: . On September 1, 2021, Canaday sold 78 million additional shares of common stock. Incentive stock options to purchase 50 milion shares of common stock after July 1, 2020, at $10 per share, wgre outstanding at the beginning and end of 2021. The average market price of Canaday's common stock was $25 per share duling 2021 Canaday's net income for the year ended December 31, 2021, was $2,306 milion. The effective income tax rate was 25% Required: 1. & 2. Calculate basic and the diluted earnings per common share for the year ended December 31, 2021. (Round "Earnings per share" answers to 2 decimal places. Enter your answers in millions (l... 10,000,000 should be entered as 10).) Numerator 1 Denominator Earnings per share $ 2.78 253 Basic Diluted $ $ 816 954 2,268 2,1227