Which of the following would NOT require a weighted average number of common shares to be calculated? a. Declaration of stock dividend part way through the fiscal year. b. Issuance of common shares in a business combination. c. Issuance of warrants to purchase common shares. d. Repurchase of common shares. Bruce Co, has 10,000 preferred shares and 86,000common shares outstanding: The preferred shares are cumulative and carry a $5 dividend rate. No dividend declaration has been made and no dividends have been paid during the year. At the end of the current year. there are three years of dividends in arrears. In 2023, Bruce Co. reported net income of $500,000. What is the income available to common shareholders? a. $450,000 b. $350,000 c. $50,000 d. $500,000