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

Common stock ( $8 par value; 35,000 shares outstanding)	$	280,000
Preferred stock, 10% ( $15 par value;8,000 shares outstanding)		120,000
Retained earnings		281,000

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. Three independent cases are assumed:

Case A: The preferred stock is noncumulative; the total amount of dividends is $31,000.

Case B: The preferred stock is cumulative; the total amount of dividends is $36,000.

Case C: The preferred stock is cumulative; the total amount of all dividends is $90,000.

Required:

1. Compute the amount of dividends, in total and par share, that would be payable to each class of stockholders for each case. (Round "Dividends per Share" to 2 decimal places.)

	Dividends			Dividends par Share
	Preferred	Common	Total	Preferred	Common
Case A
Case B
Case C