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Kiwi Charter Corp. reported $ 1 , 6 1 5 , 5 9 0 of profit for 2 0 2 3 . On November 2

Kiwi Charter Corp. reported $1,615,590 of profit for 2023. On November 2,2023, it declared and paid the annual preferred dividends of $151,000. On January 1,2023, Kiwi had 78,000 and 300,000 outstanding preferred and common shares, respectively. The following transactions changed the number of shares outstanding during the year:Feb.1 Declared and issued a 15% common share dividend.Apr. 30 Sold 133,000 common shares for cash.1 Sold 40,000 preferredshares for cash.Oct. 31 Sold 29,000 commonshares for cash.a. What is the amount of profit available for distribution to the common shareholders?Earnings available to common shareholders-b. What is the weighted-average number of common shares for the year?Weighted-average outstanding shares-c. What is the earnings per share for the year? (Round the final answer to 2 decimal places.)Earnings per share- Kindly give me the correct answer for this as i already asked with some of the experts and they gave the wrong answer And do steps with proper calculation
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