For the year ended December 31, 2018, Ghostly Productions Inc. earned $5,000,000. Outstanding preferred shares included $1,000,000 in 3% cumulative preferred shares issued on January 1, 2017, and $2,000,000 in 6% non-cumulative preferred shares issued on January 1, 2018. Dividends on the cumulative preferred shares were not declared in 2017. 

The following are three independent situations: 

a. On December 15, 2018, Ghostly declared and paid $60,000 in dividends on the 3% cumulative shares including the arrears. Ghostly also declared and paid the $120,000 dividends on the non-cumulative shares. 

b. Ghostly did not declare any dividends during 2018. 

c. On December 15, 2018, Ghostly declared $120,000 in dividends on the non-cumulative preferred shares, payable on January 15, 2019. Dividends on the cumulative preferred shares are neither declared nor paid.

Required:

For each of these three independent situations, determine the net income available to ordinary shareholders for the year ended December 31, 2018.