On December 31,2020 , Berclair Inc 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, 2021, Berclair purchased 48 million shares of its common stock as treasury stock Berclair issued a 5% common stock dividend on July 1, 2021. Eight million treasury shares were sold on October 1 . Net income for the year ended December 31,2021 , was $350 milion. Required: Compute Berclair's earnings per share for the year ended December 31, 2021. (Enter your answers in millions (1.e, 10,000,000 should be entered as 10).)