View Policies Current Attempt in Progress Ayayai Limited reported profit of $400,000 for its November 30, 2021, year end. Cash dividends of $60,000 on the common shares and $60,000 on the noncumulative preferred shares were declared and paid during the year. The following information is available regarding Ayayai's common shares: The opening number of common shares was 50,000. Dec. 1, 2020 Feb. 28, 2021 Sold 8,000 common shares for $120,000 cash. May 31, 2021 Reacquired 4,000 common shares for $52,000 cash. Nov. 1, 2021 Issued 12,000 common shares in exchange for land with a fair value of $250,000. Calculate the profit available to common shareholders. Profit available to common shareholders $ Tovthook and Modio Calculate the weighted average number of common shares for the year. Weighted average number of shares eTextbook and Media Calculate earnings per share for the year. (Round answer to 2 decimal places, e.g. 52.76.) Earnings per share $ eTextbook and Media