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Problem 19-16 (Algo) EPS; convertible bonds; treasury shares (L019-4, 19-5, 19-6, 19-9) At December 31, 2021, the financial statements of Hollingsworth Industries included the following:

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Problem 19-16 (Algo) EPS; convertible bonds; treasury shares (L019-4, 19-5, 19-6, 19-9) At December 31, 2021, the financial statements of Hollingsworth Industries included the following: $ 620 million $500 million Common stock Net Income for 2021 Bonda payable, 8, convertible into 50 million shares of common stock Shares outstanding on January Treasury shares purchased for cash on September 1 600 million 36 million Additional data: The bonds payable were issued at par in 2019. The tax rate for 2021 was 25%. Required: Compute basic and diluted EPS for the year ended December 31, 2021. (Do not round intermediate calculations. Round "Earnings per share" answers to 2 decimal places. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Numerator Denominator = Earnings por share Basic Diluted 1

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