PLEASE ANSWER ACCORDINGLY TO ALL REQUIREMENTS

On December 31,2023 , Berclair Incorporated had 460 million shares of common stock and 4 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. - On March 1, 2024, Berclair purchased 128 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 $800 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., 10,000,000 should be entered as 10 ). As part of its executive compensation plan, Vertovec Incorporated granted 72,000 of its no-par common shares to executives, subject to forfeiture if employment is terminated within three years. Vertovec's common shares have a market price of $18 per share on January 1, 2023, the grant date of the restricted stock award, as well as on December 31,2024.1,040,000 shares were outstanding at January 1, 2024. Net income for 2024 was $520,000. Required: Compute Vertovec's basic and diluted earnings per share for the year ended December 31, 2024. Note: Do not round intermediate calculations. Enter your answers in thousands (i.e., 10,000 should be entered as 10 )