View Policies Current Attempt in Progress Sarasota Limited reported profit of $471,750 for its November 30, 2021, year end. Cash dividends of $89,900 on the common shares and $61,700 on the noncumulative preferred shares were declared and paid during the year. The following information is available regarding Sarasota's common shares: Dec. 1, 2020 Feb. 28, 2021 May 31, 2021 Nov. 1, 2021 The opening number of common shares was 50,300. Sold 9,400 common shares for $216,200 cash. Reacquired 4,700 common shares for $98,700 cash. Issued 14,100 common shares in exchange for land with a fair value of $340,000. Calculate the profit available to common shareholders. Profit available to common shareholders $ eTextbook and Media 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