Problem 19-10 EPS from statement of shareholders' equity L019-4, 19-5,19-6 Comparative Statements of Shareholders' Equity for Locke Intertechnology Corporation were roported as follows for the fisca For the Years Ended Dec. 31, 2014, 2015, and 2016 ($ in millions) Preferred Common Additional $10 par$1 par $ 80 Balance at January 1,2014 $ 530 1,892 $2,502 12 Sale of preferred shares Sale of common shares, 7/1 Cash dividend, preferred Cash dividend, common Net income 81 (18) 310 310 Balance at December 31, 2014 12 91 1,091 2,180 3,374 Retirement of common shares, (36) (21) (61) Cash dividend, preferred Cash dividend, common 3-for-2 split offected in the form of a common stock dividend, 43.5 (43.5) 8/12 410 410 Net income 130.5 13.05 1012 130 2,543 (143.05) Balance at December 31, 201512 10% common stock dividend. 38 Sale of common shares, 9/1 Cash dividend, preferred Cash dividend, common Net income (29) Balance at December 31, 2016 12$146.55 $1,179.5 $2,793.95 $4.132 Infer from the statements the events and transactions that affected Locke Intertechnology Corporation's shareholders equity and compute eamings per share as it wouid have appeared on the income statements for the years ended December 31, 2014, 2015, and 2016. No potential common shares were outstandino during any of the periods shown. (Enter your answers in millions rounded to 2 decimal places ( 15