On December $31,2023,$ Berclair Incorporated had $200$ million shares of common stock and $3$ million shares of $9\%,$ $$100$ par value cumulative preferred stock issued and outstanding.On March $1,2024,$ Berclair purchased $24$ million shares of its common stock as treasury stock.Berclair issued a $5\%$ common stock dividend on July $1,2024.$Four million treasury shares were sold on October $1.$Net income for the year ended December $31,2024,$ was $$150$ million.The income tax rate is $25\%.$Also outstanding at December $31$ were incentive stock options granted to key executives on September $13,2019.$The options are exercisable as of September $13,2023,$ for $30$ million common shares at an exercise price of $$56$ per share.During $2024,$ the market price of the common shares averaged $$70$ per share.In $2020,$ $$50$ million of $8\%$ bonds, convertible into $6$ million common shares, were issued at face value.Required:Compute Berclairs basic and diluted earnings per share for the year ended December $31,2024.($Shares for stock options and conversion of convertible securities have been adjusted for any stock split or stock dividend.$)$Note: Do not round intermediate calculations. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$