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Media Solutions C. pter 13 Corporation Share Div. Splits, Retiremen... Help Save 2 Kiwi Charter Corp. reported $2,891,200 of profit for 2020. On November 2,

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Media Solutions C. pter 13 Corporation Share Div. Splits, Retiremen... Help Save 2 Kiwi Charter Corp. reported $2,891,200 of profit for 2020. On November 2, 2020, it declared and paid the annual preferred dividends of $179,000. On January 1, 2020, Kiwi had 92,000 and 600,000 outstanding preferred and common shares, respectively. The following transactions changed the number of shares outstanding during the year. Feb. 1 Declared and issued a 10% common share dividend. Apr. 30 Sold 147,000 common shares for cash. May 1 Sold 40,000 preferred shares for cash. Oct. 31 Sold 36,000 common shares for cash. Book a. What is the amount of profit available for distribution to the common shareholders? erences Earnings available to common shareholders b. What is the weighted average number of common shares for the year? Weighted average outstanding shares D D o ere to search S 1994 hp 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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