Pet Boutique Corp. reported $3,529,690 of profit for 2023. On November 2, 2023, it declared and paid the annual preferred dividends of $228,900. On January 1, 2023, Pet Boutique had 88,540 and 577,800 outstanding preferred and common shares, respectively. The following transactions changed the number of shares outstanding during the year:

Feb.1Declared and issued a 20% common share dividend.Apr.30Sold 131,670 common shares for cash.May1Sold 44,850 preferred shares for cash.Oct.31Sold 37,800 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.)