value 10.00 points Ritz Company had the following shares outstanding and Retained Earnings at December 31, 2014 Common shares (500,000 outstanding shares) Preferred shares (8 percent; 21,000 outstanding shares) Retained earnings $500,000 210,000 900,000 On December 31, 2014, the board of directors is considering the distribution of a cash dividend to the common and preferred shareholders. No dividends were declared during 2012 or 2013. Three independent cases are assumed Case A: Case B: The preferred shares are noncumulative; the total amount of 2014 dividends would be $30,000 The preferred shares are cumulative; the total amount of 2014 dividends would be $30,000 Dividends were not in arrears prior to 2012 Same as Case B, except the amount is $75,000 Case C: Required: 1-a. Compute the amount of dividends, in total, payable to each class of shareholders for each case Case A Case B Case C Preferred Commorn Total 16,800 13,200 30,000 1-b. Compute the amount of dividend per share, payable to each class of shareholders for each case (Round your answers to 2 decimal places.)