Calculate the profit available to common shareholders: Profit avallable to common shareholders eTextbook and Media Attempts: 1 of 2 used Calculate the profit available to common shareholders. Profit available to common shareholders eTextbook and Media Question Part Score (b) Calculate the welghted average number of common shares for the year. Welghted average number of shares eTextbook and Media Pina Colada Limited reported profit of $492465 for its November 30,2024 , year end. Cash dividends of $82,000 on the common shares and $66,900 on the noncumulative preferred shares were declared and paid during the year. The following information is available regarding Pina Colada's common shares. Dec 1. 2023 The opening mumber of common shares was 67,000. Feb.28, 2024 Sold 8,600 commonshares for $172000 cash. May31. 2024 Reacquired 4,300 common shares for $77,400 cash. Nov, 1. 2024 Issued 12.900 common shares in exchange for land with a fair value of $250,000. (a) Calculate the profit avaliable to common shareholders. Profit ivaliable to common shareholders 3 eTextbook and Media