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Book Common Stock (par $1; issued and outstanding, 410,000 shares) $ 410,000 Preferred Stock, 84 (par $10; issued and outstanding, 18,200 Shares) 182,000 Retained Earnings

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Book Common Stock (par $1; issued and outstanding, 410,000 shares) $ 410,000 Preferred Stock, 84 (par $10; issued and outstanding, 18,200 Shares) 182,000 Retained Earnings 958,000 On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2019 or 2020. Three Independent cases are assumed: Case A: The preferred stock is noncumulative; the total amount of 2021 dividends would be $24,088. Case B: The preferred stock is cumulative; the total amount of 2021 dividends would be $16,000. Dividends were not in arrears prior to 2019. Case C: Same as Case B, except the amount 15 $59,000. Required: 19. Compute the amount of 2021 dividends, in total, that would be payable to each class of stockholders if dividend were declared as described in each case. 1.b. Compute the amount of 2021 dividends per share payable to each class of stockholders for each case herences Complete this question by entering your answers in the tabs below. Reg 1A Reg 13 Compute the amount of 2021 dividends, in total, that would be payable to each class of stockholders if dividends were declared as described in each case. Case C Preferred Case A Case B 14,560516,000 Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Compute the amount of 2021 dividends per share payable to each class of stockholders for each case. (Round your answers to 2 decimal places.) Case A Case B Case C Preferred Common Case C: Same as Case B, except the amount is $59,000. Required: 1-a. Compute the amount of 2021 dividends, in total, that would be payable described in each case. 1-b. Compute the amount of 2021 dividends per share payable to each class Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Compute the amount of 2021 dividends, in total, that would be payable to each c declared as described in each case. Preferred Case A Case B Case C $ 14,560 $ 16,000 9,440 0 $ 24,000 $ 16,000 $ Common Total 0 REA Req 1B >

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