Bridgeport Limited reported profit of $437,700 for its November 30, 2021, year end. Cash dividends of $66,500 on the common shares and $61,100 on the noncumulative preferred shares were declared and paid during the year. The following information is available regarding Bridgeport's common shares:

Dec. 1, 2020		The opening number of common shares was 59,200.
Feb. 28, 2021		Sold 8,400 common shares for $151,200 cash.
May 31, 2021		Reacquired 4,200 common shares for $67,200 cash.
Nov. 1, 2021		Issued 12,600 common shares in exchange for land with a fair value of $290,000.

Calculate the profit available to common shareholders.

Profit available to common shareholders

$enter the Profit available to common shareholders in dollars

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Question Part Score

--/3

Calculate the weighted average number of common shares for the year.

Weighted average number of shares

enter the Weighted average number of shares

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Question Part Score

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Calculate earnings per share for the year. (Round answer to 2 decimal places, e.g. 52.76.)

Earnings per share

$enter Earnings per share in dollars rounded to 2 decimal places