Concord Limited reported profit of $485,350 for its November 30, 2024, year end. Cash dividends of $67,400 on the common shares and $63,400 on the noncumulative preferred shares were declared and paid during the year. The following information is available regarding Concord's common shares: Dec. 1. 2023 The opening number of common shares was 64,200. Sold 9,800 common shares for $196,000 cash. Reacquired 4,900 common shares for $88,200 cash. Feb. 28, 2024 May 31, 2024 Nov. 1, 2024 Issued 14.700 common shares in exchange for land with a fair value of $300,000. (a) Calculate the profit available to common shareholders.