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Carlos Company had the following stock outstanding and Retained Earnings at December 31, 2015:   Common Stock...

Carlos Company had the following stock outstanding and Retained Earnings at December 31, 2015:


  Common Stock (par $1; outstanding, 480,000 shares) $ 480,000
  Preferred Stock, 7% (par $10; outstanding, 18,900 shares) 189,000
  Retained Earnings 965,000


   On December 31, 2015, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2013 or 2014. Three independent cases are assumed:


  Case A:

The preferred stock is noncumulative; the total amount of 2015 dividends would be $23,000.
  Case B:

The preferred stock is cumulative; the total amount of 2015 dividends would be $23,000. Dividends were not in arrears prior to 2013.
  Case C:

Same as Case B, except the amount is $66,000.


Required:
1-a. Compute the amount of 2015 dividends, in total, that would be payable to each class of stockholders if dividends were declared as described in each case.
Case A Case B case C
Preferred
Common
Total
1-b.

Compute the amount of 2015 dividends per share payable to each class of stockholders for each case. (Round your answers to 2 decimal places.)

Case A Case B Case C
Preferred
Common
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