A company reported $501,245 of profit for 2023 . It also declared $72,000 of dividends on preferred shares for the same year. At the beginning of 2023 , the company had 88,000 outstanding common shares. These three events changed the number of outstanding shares during the year: June 1 Sold 38 , eae compon shares for cash. Aug. 31 Purchased and retired 33,000 comon shares. oct. 1 Completed a three-for-one share split. a. What is the amount of profit available for distribution to the common shareholders? b. What is the weighted-average number of common shares for the year? c. What is the earnings per share for the year? (Round the final answer to 2 decimal places.)