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Chicago Company reported the following information at the end of the current year: Common stock ($5 par value; 45,000 shares outstanding) Preferred stock, 10($15 par

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Chicago Company reported the following information at the end of the current year: Common stock ($5 par value; 45,000 shares outstanding) Preferred stock, 10($15 par value: 9,200 shares outstanding) Retained earnings $225,000 138,000 287,000 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 $37,000 Case 8. The preferred stock is cumulative; the total amount of all dividends is $41,400 Case C: The preferred stock is cumulative; the total amount of all dividends is $91,200 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.) 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 Total Preferred Common Case A Case Case C Required 2 > Chicago Company reported the following information at the end of the current year. Connon stock ( 55 par value: 45,000 shares outstanding) Preferred stock, 10% ($15 par value: 9,200 shares outstanding) Retained earning $225,000 338,000 287,000 The board of directors is considering the distribution of a cosh 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 $37,000. Case B. The preferred stock is cumulative; the total amount of all dividends is $41,400 Case C. The preferred stock is cumulative the total amount of all dividends is $91.200 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.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Asume Chicago Company issued a 30 percent common stock dividend on the outstanding shares when the market value per share was $24. Fil in the table below to show how this stock dividend would compare to Case C (mave no cells blank. De certain to enter to wherever required.) AMOUNT OF DOLLAR INCREASE (DECREASE Cash Dividend Care Stock Dividend Assets Liabilities Stockholders' equity Required 1

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