ConcordLimited reported profit of $493,940for its November 30, 2021, year end. Cash dividends of $65,200on the common shares and $64,500on the noncumulative preferred shares were declared and paid during the year. The following information is available regardingConcord's common shares:

Dec. 1, 2020

The opening number of common shares was66,900.

Feb. 28, 2021

Sold8,600common shares for $154,800cash.

May 31, 2021

Reacquired4,300common shares for $68,800cash.

Nov. 1, 2021

Issued12,900common shares in exchange for land with a fair value of $300,000.

Calculate the profit available to common shareholders.

Profit available to common shareholders $

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

Weighted average number of shares

enter the Weighted average number of shares

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

Earnings per share $