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Current Attempt in Progress Martinez Limited reported profit of $419,550 for its November 30,2024 , year end. Cash dividends of $87,000 on the common shares

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Current Attempt in Progress Martinez Limited reported profit of $419,550 for its November 30,2024 , year end. Cash dividends of $87,000 on the common shares and $63,300 on the noncumulative preferred shares were declared and paid during the year. The following information is available regarding Martinez's common shares: Dec. 1, 2023 The opening number of commonshares was 65,500. Feb.28, 2024 Sold 9.200 common shares for $193,200 eash. May 31, 2024 Reacquired 4,600 common shares for $87,400 cash. Nov. 1. 2024 issued 13,800 common shares in exchange for land with a fair value of $250,000 (a) Calculate the profit available to common shareholders. Calculate the profit available to common shareholders. Profit available to common shareholders

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