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Chicago Company reported the following information at the end of the current year Common stock ( $5 par value; 48,000 shares outstanding) Preferred stock, 101

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Chicago Company reported the following information at the end of the current year Common stock ( $5 par value; 48,000 shares outstanding) Preferred stock, 101 $10 par value; 10,000 shares outstanding) Retained earnings $240,000 100,000 291,000 The board of directors is considering the distribution of a cash dividend to the two groups of stockholders, No dividends were declared during the previous two years. Assume the three cases below are independent of each other. Case A: The preferred stock is noncumulative; the total amount of all dividends is $41,000. Case B: The preferred stock is cumulative; the total amount of all dividends is $30,000. Case C: The preferred stock is cumulative; the total amount of all dividends is $92,000 Required: 1. Compute the amount of dividends, in total and per share, that would be payable to each class of stockholders for each case. (Round "Dividends per Share" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of dividends, in total and per share, that would be payable to each class of stockholders for each case. (Round "Dividends per Share to 2 decimal places.) Dividends Dividende per Share Preferred Preferred Common Case A Case B Case C Common Total Required Required 2 > Required: 1. Compute the amount of dividends, in total and per share, that would be payable to each class of stockholders for each case. (Round "Dividends per Share" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume Chicago Company issued a 30 percent common stock dividend on the outstanding shares when the market value per share was $24. Fill in the table below to show how this stock dividend would compare to Case C. (leave no cells blank - be certain to enter "0" wherever required.) AMOUNT OF DOLLAR INCREASE (DECREASE) Cash Dividend-Case C Stock Dividend Assets Liabilities Stockholders equity om

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