Ritz Company had the following stock outstanding and Retained Earnings at December $31,2021$:

Common stock $($par $$1$; issued and outstanding, $440,000$ shares$)$ $ $440,000$

Preferred stock, $9\%($par $$10$; issued and outstanding, $20,400$ shares$)204,000$

Retained Earnings $894,000$

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 $2020.$ Three independent cases are assumed:

Case A: The preferred stock is noncumulative; the total amount of $2021$ dividends would be $$24,000.$

Case B: The preferred stock is cumulative; the total amount of $2021$ dividends would be $$24,000.$ Dividends were not in arrears prior to $2019.$

Case C: Same as Case B$,$ except the amount is $$69,000.$