#2 is partially wrong please help

Seved ect Assignment 10 Chapter 11 Check my work mode : This shows what is correct or incorrect for the work you have complete 2 P11-4 Comparing Stock and Cash Dividends LO11-4, 11-6 Calgate Company had the following shares outstanding and retained earnings at the end of the current year. Preferred shares, 4 (par value $20; outstanding. 10,800 shares) Common shares outstanding, 38,000 shares) Retained earning $ 216,000 640,000 321,000 The board of directors is considering the distribution of a cash dividend to the two groups of shareholders. No dividends were declared during the previous two years. Three independent cases are assumed: Case A: The preferred shores are non-cumulative; the total amount of dividends is $52,600. Case B: The preferred shares are cumulative; the total amount of dividends is $68,000 Case C: Same as case B, except the amount is $100,000 Required: 1. Compute the amount of dividends, in total and per share that would be payable to each class of shareholders for each case. (Round "Per share" to 2 decimal places.) Answer is complete and correct. Preferred Common Shares Shares 8,640 0.80 $ 43,960 1.16 $ Case Total Per share Case Total Per share Case C Total Per share s $ 25.920$ 240S 42,080 1.11 $ 5 25,920 2.40 $ 74,080 1.95 2. Assume that the company issued a 10 percent common stock dividend on the outstanding common shares when the market value per share was $24. Complete the following comparative schedule for common shares only. (Enter any decreases to account balances with a minus sign.) Answer is complete but not entirely correct. ME Case A Case B: The preferred shares are cumulative; the total amount of divi Case C: Same as case B, except the amount is $100,000 Required: 1. Compute the amount of dividends, in total and per share, that would be payable to each class of shareholders for each case. (Round *Per share" to 2 decimal places.) Answer is complete and correct. Preferred Common Shares Shares Case A Toul $ 8.640$ 43,960 Per share s 0.80 1.16 Case Total 25,920 $ 42,080 Per share $ 240 1.11 Case C Total $ 25,920 is 74,080 Per share $ 2405 195 2. Assume that the company issued a 10 percent common stock dividend on the outstanding common shares when the market value per share was $24. Complete the following comparative schedule for common shares only. (Enter any decreases to account balances with a minus sign.) Answer is complete but not entirely correct. Amount of Dollar increase (Decrease) Canh Dividend Case Stock Dividend Assets (100,000) 0 De Shareholders equity $ (100.000) O ololo