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

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 $$40,000.$

Case B: The preferred stock is cumulative; the total amount of all dividends is $$44,100.$

Case C: The preferred stock is cumulative; the total amount of all dividends is $$91,800.$

Required:

Compute the amount of dividends, in total and per share, that would be payable to each class of stockholders for each case.

Assume Chicago Company issued a $30$ percent common stock dividend on the outstanding shares when the market value per

share was $$42.$ Fill in the table below to show how the stock dividend and Case C would affect Total Assets, Liabilities, and

Stockholders' equity.

Complete this question by entering your answers in the tabs below.

Assume Chicago Company issued a $30$ percent common stock dividend on the outstanding shares when the market value per

share was $$42.$ Fill in the table below to show how the stock dividend and Case $C$ would affect Total Assets, Liabilities, and

Stockholders' equity.

Note: Leave no cells blank $-$ be certain to enter $"0"$ wherever required.