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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 declared during 2019 or 2020 , and none have been declared yet in 2021 . Three independent cases are assumed: Case A: The preforred stock is noncumulative; the total amount of 2021 dividends would be $13,500. Case Bi The preferred stock is cumulative; the tota1 amount of 2021 dividends would be $16,560. Dividends vere not in arrears prior to 2019 . Case c; same as Case B, except the total dividends are $75,000. Required: 1-a. Compute the amount of 2021 dividends, in total that would be payable to each class of stockholders if dividends were deciared as described in each case. TiP: Preferred stockholders with cumulative dividends are to be pald dividends for any prior years (in arrears) and for the current year before common stockholders are paid. 1.b. Compute per case, the 2021 dividends per share, payable to each class of stockholders. 1-a. Compute the amount of 2021 dividends, in total that would be payable to each class of stockholders if dividends were declared as described in each case. TIP: Preferred stockholders with cumulative dividends are to be paid dividends for any prior years (in arrears) and for the current year before common stockholders are paid. 1-b. Compute per case, the 2021 dividends per share, payable to each class of stockholders. Complete this question by entering your answers in the tabs below. Compute the amount of 2021 dividends, in total that would be payable to each class of stockholders if dividends were. declared as described in each case. TIP: Preferred stockholders with cumulative dividends are to be paid dividends for any prior years (in arrears) and for the current year before common stockholders are paid. Required: 1-a. Compute the amount of 2021 dividends, in total that would be payable to each class of stockhoiders if dividends were declared a described in each case. TIP: Preferred stockholders with cumulative dividends are to be paid dividends for any prior years (in arrears) and for the current year before common stockholders are paid. i-b. Compute per case, the 2021 dividends per share, payable to each class of stockholders. Complete this question by entering your answers in the tabs below. Compute per case, the 2021 dividends per share, payable to each class of stockholders. (Round your answers to 2 decimal piaces.)

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