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On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were

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On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were deciared during 2019 or 2020 . Three independent cases are assumed: Case A: the preferred stock is noncusulative; the total amount of 2021 dividends would be 310,000. case A: the preferred stock is cumulative; the total amount of 2021 dividends would be $30,690, 0ividends were not in arrears prion to 2019 . case cr sane as case 8 , except the atount is 375,600 . Required: 1.a. Compute the amount of dividends in total poyable to each closs of stockholders if dividends were declored as described in each case. 1-b. Compute the omount of dividends per shore payable to each class of stockholders if dividends were declared os described in eoch case. Complete this question by entering your answers in the tabs below. 1-D. Lompute the amount or aviaenos per snare payable to eacn crass or stocknoiders It aividenas were oeciarea as aescribed in each case. Complete this question by entering your answers in the tabs below. Compute the amount of dividends in total payable to each class of stocklyolders if dividends were declared as described in each case. case. 1.b. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described each case. Complete this question by entering your answers in the tabs below. 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.)

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