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: $540 million $ 350 million Net income for 2021 Bonds payable, 84, convertible into 42 million shares of common stock Shares outstanding on January 1 Treasury shares purchased for cash on September 1 Common stock 500 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).) Earnings per share Basic Numerator 1 Denominator 1 1 = Diluted