Pet Boutique Corp. reported $3,989,520 of profit for 2020. On November 2, 2020, it declared and paid the annual preferred dividends of $224,310. On January 1, 2020, Pet Boutique had 89,630 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 141,060 common shares for cash.
May	1	Sold 37,200 preferred shares for cash.
Oct.	31	Sold 34,560 common shares for cash.

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

$3,765,210

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.)