P11-4 ComparIng Stock and Cash DIvldends LO11-4, 11-6 Calgate Company had the following shares outstanding and retained earnings at the end of the current year: The board of directors is considering the distribution of a cash dividend to the two groups of shareholders. No dividends were declared during the previous two years. Three independent cases are assumed: Cose A: The preferred shares are non-cumulative; the total amount of dividends is $51,800. Cose B: The preferred shares are cumulative; the total amount of dividends is $64,000. Cose C: Same as case B, except the amount is $98,000. Requlred: 1. Compute the amount of dividends, in total and per share, that would be payable to each class of shareholders for each case. (Round "Per share" to 2 declmal places.) 2 Assume that the company issued a 9 percent common stock dividend on the outstanding common shares when the market value per share was $24. Complete the following comparative schedule for common shares only. (Enter any decreoses to account belances with e minus sign.)