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Chicago Company reported the tollowing information at the end of the current year Common stock ($10 par value 37,000 shares outstanding Preferred stock. 10% (

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Chicago Company reported the tollowing information at the end of the current year Common stock ($10 par value 37,000 shares outstanding Preferred stock. 10% ( S 10 par value, 8200 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 dectared during the previous two years. Three independent cases are assumed Case A The preferred stock is noncumulative, the total amount of dividends is $32.000 Case B The preferred stock is cumulative, the total amount of dividends is $24,600 Case C The pretened 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 tor each case (Round "oividends per share" to 2 decimal places.) Case A Case B Case C

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