Chapter 11 Assignment Savet 5 Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2021: 5 points Common stock (par $1; issued and outstanding, 500,000 shares) Preferred stock, as (par $10; issued and outstanding, 21,000 shares) Retained Earnings $ 500,000 210,000 900,000 ebook 01 Pries References 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 $30,000. Case Di The preferred stock is cumulative; the total amount of 2021 dividende would be $30,000. Dividende were not in arrears prior to 2019. Case C: Same as Case B, except the amount is $75,000. Required: 1-a. Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case. 1-b. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case. Complete this question by entering your answers in the tabs below. Req 1A Req 181 Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case. Case A Case Case C Preferred Common Total $ 0 $ 0 $ Hel