Calgate Company had the following shares outstanding and retained earnings at the end of the current year:

Preferred shares, $4\%($par value $$25$; outstanding, $11,300$ shares$)$ $ $282,500$

Common shares $($outstanding$,43,000$ shares$)665,000$

Retained earnings $190,000$

The board of directors is considering the distribution of a cash dividend to both groups of shareholders. No dividends were declared during the previous two years. Three independent cases are assumed:

Case A: The preferred shares are non$-$cumulative; the total amount of dividends is $$53,600.$

Case B: The preferred shares are cumulative; the total amount of dividends is $$73,000.$

Case C: Same as case B$,$ except the amount is $$102,500.$

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.$)$

$2.$ Assume that the company in Case C issued a $10$ percent common stock dividend on the outstanding common shares. The market value per share was $$24$ on the date of declaration. Complete the following comparative schedule for common shares only $($do NOT include any changes due to preferred share dividends$),$ including explanation of the differences. $($Enter any decreases to account balances with a minus sign.$)$