hi i need help only with the last question as the answer is not -104500 or 104500 so I'm confused thank you!!

Calgate Company had the following shares outstanding and retained earnings at the end of the current year: Preferred shares, 4% (par value $25; outstanding, 11,700 shares) $ 292,500 Common shares (outstanding, 47,000 shares) 685,000 Retained earnings 150,000 The board of directors is considering the distribution of a cash dividend to both groups of shareholders. No dividends were declared during the previous two years. Three independent cases are assumed: Case A: The preferred shares are non-cumulative; the total amount of dividends is $54,400. Case B: The preferred shares are cumulative; the total amount of dividends is $77,000. Case C: Same as case B, except the amount is $104,500. Required: 1. Compute the amount of dividends, in total and per share, that would be payable to each class of shareholders for each case. (Round "Per share" to 2 decimal places.) @ Answer is complete and correct. ' Case A Total $ 11,7008 Per share $ 1.00 0 3 Case B: Total $ 35100@ 5 Per share $ 300893 Case C: Total $ 35100@ % Per share $ 3.00 3 2. Assume that the company in Case C issued a 11 percent common stock dividend on the outstanding common shares. The market value per share was $20 on the date of declaration. Complete the following comparative schedule for common shares only (do NOT include any changes due to preferred share dividends), including explanation of the differences. (Enter any decreases to account balances with a minus sign.) Answer is complete but not entirely correct. Assets $ 104,500 Liabilities $ 0 Shareholders' equity $ 104,500