Concord Limited reported profit of $493,940 for its November 30, 2021, year end. Cash dividends of $65,200 on the common shares and $64.500 on the noncumulative preferred shares were declared and paid during the year. The following information is available regarding Concord's common shares: Dec 1, 2020 The opening number of common shares was 66,900. Feb. 28, 2021 Sold 8.600.common shares for $154,800 cash. May 31, 2021 Reacquired 4 300 common shares for $68.800 cash. Nov. 1, 2021 Issued 12.900 common shares in exchange for land with a fair value of $300.000 Calculate the profit available to common shareholders. Profit available to common shareholders $ 429.440 Question Part Score Your Answer Correct Answer (Used) Calculate the weighted average number of common shares for the year. Weighted average number of shares 72 275 Calculate earnings per share for the year. (Round answer to 2 decimal places, eg. 52.76.) Earnings per share $