Pet Boutique Corp. reported $3,553,950 of profit for 2023. On November 2, 2023, it declared and paid the annual preferred dividends of $242,500. On January 1, 2023, Pet Boutique had 87,670 and 572,400 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 124,380 common shares for cash. May 1 Sold 38,170 preferred shares for cash. Oct. 31 Sold 39,240 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.)