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Kiwi Charter Corp. reported $2,289,830 of profit for 2020. On November 2, 2020, it declared and paid the annual preferred dividends of $183,000. On January

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Kiwi Charter Corp. reported $2,289,830 of profit for 2020. On November 2, 2020, it declared and paid the annual preferred dividends of $183,000. On January 1, 2020, Kiwi had 94,000 and 420,000 outstanding preferred and common shares. respectively. The following transactions changed the number of shares outstanding during the year: 1 Declared and issued a 156 common share dividend. Apr. 30 Sold 149,000 common shares for cash. May 1 Sold 40,000 preferred shares for cash. Oct. 31 Sold 37,000 connon shares for cash. a. What is the amount of profit available for distribution to the common shareholders? Feb. Enrings available to common shareholder 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

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