Blue SpruceLimited reported profit of $469,760for its November 30, 2021, year end. Cash dividends of $63,700on the common shares and $60,000on the noncumulative preferred shares were declared and paid during the year. The following information is available regardingBlue Spruce's common shares:

Dec. 1, 2020

The opening number of common shares was55,100.

Feb. 28, 2021

Sold8,800common shares for $220,000cash.

May 31, 2021

Reacquired4,400common shares for $101,200cash.

Nov. 1, 2021

Issued13,200common shares in exchange for land with a fair value of $280,000.

Calculate:-

1) Profit available to common shareholders

2)Weighted average number of shares enter the Weighted average number of shares

3) Earnings per share for the year.