Chicago Company reported the following information at the end of the current year: Common stock ( $10 par value; 37,000 shares outstanding) Preferred stock, 10% $10 par value; 8,200 shares outstanding) Retained earnings $370,000 82,000 282,000 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 $32,000. Case B: The preferred stock is cumulative; the total amount of all dividends is $24,600. Case C: The preferred stock is cumulative; the total amount of all dividends is $90,200. 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.) 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 Dividends per Share Preferred Common Preferred Common Total Case A $ 1.00 $ 0.64 8,200 $ 24,600 $ 32,000 $ 24,600 $ Case B $ 23,800 $ 0 $ 65,600 $ 3.00 $ 0.00 Case C $ 24,600 $ 90,200 3.00 1.77 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) Item Cash Dividend Case C Stock Dividend Assets Liabilities Stockholders' equity