On December $31,2023,$ Berclair Incorporated had $360$ million shares of common stock and $4$ million shares of $9\%,$$$100$ par valu

cumulative preferred stock issued and outstanding.

On March $1,2024,$ Berclair purchased $12$ million shares of its common stock as treasury stock.

Berclair issued a $5\%$ common stock dividend on July $1,2024.$

Two million treasury shares were sold on October $1.$

Net income for the year ended December $31,2024,$ was $$550$ million.

Required:

Compute Berclair's earnings per share for the year ended December $31,2024.$

Note: Do not round intermediate calculations. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$