Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2018:

Common stock (par $1; outstanding, 520,000 shares)	$	520,000
Preferred stock, 8% (par $10; outstanding, 21,200 shares)		212,000
Retained Earnings		902,000

On December 31, 2018, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2016 or 2017. Three independent cases are assumed:

Case A:	The preferred stock is noncumulative; the total amount of 2018 dividends would be $32,000.
Case B:	The preferred stock is cumulative; the total amount of 2018 dividends would be $32,000. Dividends were not in arrears prior to 2016.
Case C:	Same as Case B, except the amount is $77,000.

Required:

1-a. Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case.

1-b. Compute the amount of dividends per share payable to each class of stockholders if dividends were declared as described in each case.

1A Case A Case B Case C

Preferred

Common

Total

1B Case A Case B Case C

Preferred

Common