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On December 31, 2023, Berclair incorporated had 280 millim shares of common stock and 3 milition shares of 98,5100 par vaitue cumulative preferred stock issued

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On December 31, 2023, Berclair incorporated had 280 millim shares of common stock and 3 milition shares of 98,5100 par vaitue cumulative preferred stock issued and outstending - On March 1, 2024, Berclair purchased 56 million shares of its common stock- treasury stock. - Berclair lssued a 5% common stock dividend on July 1, 2024. - Four milition treasury shares were sold on October 1 . - Net income for the year ended December 31,2024 , was $350 million- - Also outstanding at December 31 -were 30 mulfon incentive stock pptions granted to key executves on 5 eptember 13,2019 - The options were exercisable as of September 13,2023, for 30 milion common shares at an exercise peice of $56 per share. - During 2024, the markes price of the common shares averaged 570 per share. Required: Compute Bercialr's basic and diluted earnings per share for the year ended Decomber 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 intermedlate calculations. Enter your answers in millions (lie, 10,000,000 should be entered as 10)

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