Chicago Company reported the following information at the end of the current year:

Common stock ( $5 par value; 47,000 shares outstanding)	$	235,000
Preferred stock, 10% ( $10 par value; 9,400 shares outstanding)		94,000
Retained earnings		288,000

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 $38,000.

Case B: The preferred stock is cumulative; the total amount of all dividends is $28,200.

Case C: The preferred stock is cumulative; the total amount of all dividends is $91,400 .

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 Common Dividends per Share Preferred Common Preferred Total Case A Case B Case C 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 DividendCase C Stock Dividend Item Assets Liabilities Stockholders' equity