On December $31,2023,$ Berclair Incorporated had $600$ million shares of common stock and $7$ million shares of $9\%,$ $$100$ par value cumulative preferred stock issued and outstanding.On March $1,2024,$ Berclair purchased $184$ million shares of its common stock as treasury stock.Berclair issued a $5\%$ common stock dividend on July $1,2024.$Four million treasury shares were sold on October $1.$Net income for the year ended December $31,2024,$ was $$1,150$ million.Also outstanding at December $31$ were $30$ million incentive stock options granted to key executives on September $13,2019.$The options were 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.Required:Compute Berclair's 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$.,+==++++{\mathit{l}\mathit{o}\mathit{g}}_{?}$