Pet Boutique Corp. reported $4,082,930 of profit for 2020 . On November 2,2020 , it declared and paid the annual preferred dividends of $233,570. On January 1,2020 , Pet Boutique had 102,380 and 518,400 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 5old 140,310 common shares for cash. May 1 Sold 45,770 preferred shares for cash. Oct. 31 Sold 37,440 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