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Help please. Pronghorn Limited reported profit of $425,925 for its November 30,2024 , year end. Cash dividends of $74,700 on the cormon stares and $69,800
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Pronghorn Limited reported profit of $425,925 for its November 30,2024 , year end. Cash dividends of $74,700 on the cormon stares and $69,800 on the norkamulative preferred shares were declared and paid during the year. The foliowing information is available regarding Pronghorn's common shares. Dec. 1. 2023 The opening number of common shares was 66,100 . Feb.28, 2024 Sold 8.200 common shares for $188,600 cash. May 31, 2024 Reacquired 4,100 common shares for $86,100 cash. Nov. 1. 2024 Issued 12,300 common shares in exchange for land with a fair value of $280,000. Calculate the profit available to common shareholders. Profit available to common shareholders eTextbook and Media Attempts:0 of 2u Pronghorn Limited reported profit of $425,925 for its November 30,2024 , year end. Cash dividends of $74,700 on the cormon stares and $69,800 on the norkamulative preferred shares were declared and paid during the year. The foliowing information is available regarding Pronghorn's common shares. Dec. 1. 2023 The opening number of common shares was 66,100 . Feb.28, 2024 Sold 8.200 common shares for $188,600 cash. May 31, 2024 Reacquired 4,100 common shares for $86,100 cash. Nov. 1. 2024 Issued 12,300 common shares in exchange for land with a fair value of $280,000. Calculate the profit available to common shareholders. Profit available to common shareholders eTextbook and Media Attempts:0 of 2u Step by Step Solution
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