Current Attempt in Progress Greencastle Corporation started the year ended November 30, 2021, with 163,000 common shares and no preferred shares issued. The following changes in share capital occurred during the year: Feb. 28 Issued 49,200 common shares for $812,000. Sept. 4 Issued 62,000$1 cumulative preferred shares for $15.5 million. Nov. 1 Issued 16,200 common shares in exchange for land. The shares were trading for $21 on this date and the fair value of the land was $323,900. 30 Reported net income of $888,600. 30 Declared the quarterly cash dividend to the preferred shareholders of record on December 14, payable on December 31. (a) Calculate the income available for the common shareholders. Income available to common shareholders eTextbook and Media