For the year ended December $31,2024,$ Ghostly Productions Inc. earned $$5,000,000.$ Outstanding preferred shares included

$$1,000,000$ in $3\%$ cumulative preferred shares issued on January $1,2023,$ and $$2,000,000$ in $6\%$ non$-$cumulative preferred

shares issued on January $1,2024.$ Dividends on the cumulative preferred shares were not declared in $2023.$

The following are three independent situations:

a$.$ On December $15,2024,$ Ghostly declared and paid $$60,000$ in dividends on the $3\%$ cumulative shares including the

arrears. Ghostly also declared and paid the $$120,000$ dividends on the non$-$cumulative shares.

b$.$ Ghostly did not declare any dividends during $2024.$

c$.$ On December $15,2024,$ Ghostly declared $$120,000$ in dividends on the non$-$cumulative preferred shares, payable on

January $15,2025.$ Dividends on the cumulative preferred shares are neither declared nor paid.

Required:

For each of these three independent situations, determine the net income available to ordinary shareholders for the year

ended December $31,2024.$