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Chicago Company reported the following information at the end of the current year: value: 0.00 points Chicago Company reported the following information at the end

Chicago Company reported the following information at the end of the current year:
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value: 0.00 points Chicago Company reported the following information at the end of the current year: Common stock ($9 par value; 40,000 shares outstanding) Preferred stock, 15% ( $10 par value: 8,500 shares outstanding) Retained earnings $360,000 85,000 283,500 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 $33,500. Case B: The preferred stock is cumulative; the total amount of dividends is $38,250 Case C: The preferred stock is cumulative the total amount of all dividends is $90,500 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.) Dividends per Share Preferred Common Dividends Preferred Common Tot Case A Case B Case C

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