Chicago Company reported the following information at the end of the current year. Common stock ($5...

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Chicago Company reported the following information at the end of the current year. Common stock ($5 par value; 41,000 shares outstanding) Preferred stock, 10% ($15 par value: 8,600 shares outstanding) $205,000 129,000 284,000 Retained earnings 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 $34,000. Case B: The preferred stock is cumulative; the total amount of all dividends is $38,700. Case C: The preferred stock is cumulative; the total amount of all dividends is $90,600. 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 30 percent common stock dividend on the outstanding shares when the market value per share was $30. 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. Required 1 Required 2 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. Preferred Stock Dividends Common Stock Dividends per Share Preferred Total Stock Common Stock Case A Case 8 Case C Required 1 Required 2 Assume Chicago Company Issued a 30 percent common stock dividend on the outstanding shares when the market value per share was $30. 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. Item Total Assets Total Liabilities AMOUNT OF DOLLAR INCREASE (DECREASE) Cash Dividend-Case C Stock Dividend Total Stockholders' equity < Required 1 Required 2 Show less A Chicago Company reported the following information at the end of the current year. Common stock ($5 par value; 41,000 shares outstanding) Preferred stock, 10% ($15 par value: 8,600 shares outstanding) $205,000 129,000 284,000 Retained earnings 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 $34,000. Case B: The preferred stock is cumulative; the total amount of all dividends is $38,700. Case C: The preferred stock is cumulative; the total amount of all dividends is $90,600. 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 30 percent common stock dividend on the outstanding shares when the market value per share was $30. 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. Required 1 Required 2 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. Preferred Stock Dividends Common Stock Dividends per Share Preferred Total Stock Common Stock Case A Case 8 Case C Required 1 Required 2 Assume Chicago Company Issued a 30 percent common stock dividend on the outstanding shares when the market value per share was $30. 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. Item Total Assets Total Liabilities AMOUNT OF DOLLAR INCREASE (DECREASE) Cash Dividend-Case C Stock Dividend Total Stockholders' equity < Required 1 Required 2 Show less A