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Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2018 Common stock (par $1; outstanding, 540,000 shares) Preferred stock, 9% (par

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Ritz Company had the following stock outstanding and Retained Earnings at December 31, 2018 Common stock (par $1; outstanding, 540,000 shares) Preferred stock, 9% (par $10; outstanding, 21,400 shares) Retained Earnings s 540,086 214,000 984,880 On December 31, 2018, the board of directors stockholders. No dividends were declared during 2016 or 2017. Three independent cases are Case A: is considering the distribution of a cash dividend to the common and preferred The preferred stock is noncumulative; the total be $34,0ee amount of 2018 dividends would s cumulative; the total anount of 2018 dividends would be $34,089. Dividends were not in arrears prfor to 2816. Case C: Sane as case B, except the amount is $79,08e. Required: 1-0. Compute the amount of dividends in totar 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 deciared as described in each case Complete this question by entering your answers in the tabs below. Req 1A Req 1A Req 1B Compute the amount of dividends in total payable to each class of stockholders if dividends were declared as described in each case. Case A Case B Case C S19 260 34 000S67 780 Preferred 14.740 Tntal Complete this question by entering your answers in the tabs below. Reg 1A Req 18 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. Case A Case B Case C Preferred Common 09or s 003 S 0.00 0.00 C Req 1A

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