Soveo Help Save & Exh Submit 01 Kiwi Charter Corp. reported $1,259,051 of profit for 2020. On November 2, 2020, it declared and paid the annual preferred dividends of $143.000. On January 1, 2020, Kiwi had 74,000 and 220,000 outstanding preferred and common shares, respectively The following transactions changed the number of shares outstanding during the year. Feb. 1 Declared and issued a 14% common share dividend. Apr. 30 Sold 129,000 common shares for cash. May 1 Sold 40,000 preferred shares for cash. Oct. 31 Sold 27,000 common shares for cash. a. What is the amount of profit available for distribution to the common shareholders? 21:50:53 Earnings available to common shareholders b. What is the weighted average number of common shares for the year? Weighted average outstanding share b. What is the weighted average number of common shares for the year? Weighted average outstanding shares 7 c. What is the earnings per share for the year? (Round the final answer to 2 decimal places.) Earnings per share HE 25 of 29 Next >