Witter House is a calendar$-$year firm with $300$ million common shares outstanding throughout $2024$ and $2025.$ As part of its executive compensation plan, at January $1,2023,$ the company had issued $30$ million executive stock options permitting executives to buy $30$ million shares of stock for $$10$ within the next eight years, but not prior to January $1,2026.$

$-$ The fair value of the options was estimated on the grant date to be $$3$ per option.

$-$ In $2024,$ Witter House began granting employees stock awards rather than stock options as part of its equity compensation plans and granted $15$ million restricted common shares to senior executives at January $1,2024.$

$-$ The shares vest three years later.

$-$ The fair value of the stock was $$12$ per share on the grant date.

$-$ The average price of the common shares was $$12$ and $$15$ during $2024$ and $2025,$ respectively.

$-$ The stock options qualify as an incentive plan.

$-$ The restricted stock does not.

$-$ The company$$s net income was $$150$ million and $$160$ million in $2024$ and $2025,$ respectively.

Required:

$1.$ Compute basic and diluted earnings per share for Witter House in $2024.$

$2.$ Compute basic and diluted earnings per share for Witter House in $2025.$

Note: Do not round intermediate calculations. Except for per share amounts, enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$ Round "Earnings per share" answer to $2$ decimal places. Round "Denominator" answers to $2$ decimal places.