Pet Boutique Corp. reported $2,863,460 of profit for 2020. On November 2, 2020, it declared and paid the annual preferred dividends of $243,850. On January 1, 2020, Pet Boutique had 98,640 and 567,000 outstanding preferred and common shares, respectively. The following transactions changed the number of shares outstanding during the year:

Feb.	1	Declared and issued a 20% common share dividend.
Apr.	30	Sold 129,240 common shares for cash.
May	1	Sold 53,280 preferred shares for cash.
Oct.	31	Sold 36,000 common shares for cash.

a. What is the amount of profit available for distribution to the common shareholders?

b. What is the weighted-average number of common shares for the year?

c. What is the earnings per share for the year? (Round the final answer to 2 decimal places.)