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The board of directors is considering the distribution of a cash dividend to the two groups of stockholders. No dividends were declared during the previous

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The board of directors is considering the distribution of a cash dividend to the two groups of stockholders. No dividends were declared during the previous two years. Assume the three cases below are independent of each other. Case A: The preferred stock is noncumulative; the total amount of all dividends is $33,000. Case B: The preferred stock is cumulative; the total amount of all dividends is $30,240. Case C: The preferred stock is cumulative; the total amount of all dividends is $90,400. Required: 1. Compute the amount of dividends, in total and per share, that would be payable to each class of stockholders for each case. 2. Assume Chicago Company issued a 25 percent common stock dividend on the outstanding shares when the market value per share was \$28. Fill in the table below to show how the stock dividend and Case C would affect Total Assets, Liabilities, and Stockholders' equity. Complete this question by entering your answers in the tabs below. Compute the amount of dividends, in total and per share, that would be payable to each class of stockholders for each case. Note: Round "Dividends per Share" to 2 decimal places. The board of directors is considering the distribution of a cash dividend to the two groups of stockholders. No dividends were declared during the previous two years. Assume the three cases below are independent of each other. Case A: The preferred stock is noncumulative; the total amount of all dividends is $33,000. Case B: The preferred stock is cumulative; the total amount of all dividends is $30,240. Case C : The preferred stock is cumulative; the total amount of all dividends is $90,400. Required: 1. Compute the amount of dividends, in total and per share, that would be payable to each class of stockholders for each case. 2. Assume Chicago Company issued a 25 percent common stock dividend on the outstanding shares when the market value per share was \$28. Fill in the table below to show how the stock dividend and Case C would affect Total Assets, Liabilities, and Stockholders' equity. Complete this question by entering your answers in the tabs below. Assume Chicago Company issued a 25 percent common stock dividend on the outstanding shares when the market value per share was \$28. Fill in the table below to show how the stock dividend and Case C would affect Total Assets, Liabilities, and Stockholders' equity. Note: Leave no cells blank - be certain to enter " 0 wherever required

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