Need help in 1b. Please include calculations

Safari Fle Edit View History Bookmarks Window Help ch 11 hw Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2015 Common stock (par $1; outstanding, 530,000 shares) Preferred stock, 8% (par $10; outstanding, 21,300 shares) Retained eamings 530,000 213,000 903,000 On December 31, 2015, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2013 or 2014. Three independent cases are assumed: Case A: The preferred stock is noncumulative; the total amount of 2015 dividends would be $33,000. Case B: The preferred stock is cumulative; the total amount of 2015 dividends would be $33,000 Case C: Same as Case B, except the amount is $78,000. Required: 1-a. Compute the amount of dividends in total payable to each class of stockhoers if dividends wore Dividends were not in arrears prior to 2013. declared as described in each case. Case A Case B Preferred 17.040 $ 33,000 $ 51.120 15,960 26,880 Total $33,000 33,000 578.000 Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case. (Round your answers to 2 decimal places.) 1-b. Preferred Common $ 0.00