On December 31, 2023, Berclair Incorporated had 280 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 48 million shares of its common stock as treasury stock. - Berclair issued a 5\% common stock dividend on July 1, 2024. - Eight million treasury shares were sold on October 1. - Net income for the year ended December 31, 2024, was $350 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 )