Concord Limited reported profit of $493,940 for its November 30, 2021. year end. Cash dividends of S65,200 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 $ 558440 e Textbook and Media Solution - Profit available to common shareholders - Profit- Preferred share dividends - $493,940 - $64.500 - $429,440 Calculate the weighted average number of common shares for the year. Weighted average number of shares