Marigold Limited reported profit of $420,160 for its November 30, 2021, year end. Cash dividends of $67,900 on the common shares and $66,200 on the noncumulative preferred shares were declared and paid during the year. The following information is available regarding Marigold's common shares: Dec. 1, 2020 The opening number of common shares was 61,500. Feb. 28, 2021 Sold 8,200 common shares for $155,800 cash. May 31, 2021 Reacquired 4,100 common shares for $69,700 cash. Nov. 1, 2021 Issued 12,300 common shares in exchange for land with a fair value of $320,000.

(a) Calculate the profit available to common shareholders. Profit available to common shareholders $enter the Profit available to common shareholders in dollars