Carlos Company had the following stock outstanding and Retained Earnings at December 31, 2021:

Common Stock (par $1; issued and outstanding, 530,000 shares)	$ 530,000
Preferred Stock, 9% (par $10; issued and outstanding, 19,400 shares)	194,000
Retained Earnings	970,000

On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2019 or 2020. Three independent cases are assumed:

Case A:	The preferred stock is noncumulative; the total amount of 2021 dividends would be $28,000.
Case B:	The preferred stock is cumulative; the total amount of 2021 dividends would be $28,000. Dividends were not in arrears prior to 2019.
Case C:	Same as Case B, except the amount is $71,000.

Required:

1. 1-a. Compute the amount of 2021 dividends, in total, that would be payable to each class of stockholders if dividends were declared as described in each case.
2. 1-b. Compute the amount of 2021 dividends per share payable to each class of stockholders for each case.

Carlos Company had the following stock outstanding and Retained Earnings at December 31, 2021:

Common Stock (par $1; issued and outstanding, 530,000 shares)	$ 530,000
Preferred Stock, 9% (par $10; issued and outstanding, 19,400 shares)	194,000
Retained Earnings	970,000

On December 31, 2021, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during 2019 or 2020. Three independent cases are assumed:

Case A:	The preferred stock is noncumulative; the total amount of 2021 dividends would be $28,000.
Case B:	The preferred stock is cumulative; the total amount of 2021 dividends would be $28,000. Dividends were not in arrears prior to 2019.
Case C:	Same as Case B, except the amount is $71,000.

Required:

1. 1-a. Compute the amount of 2021 dividends, in total, that would be payable to each class of stockholders if dividends were declared as described in each case.
2. 1-b. Compute the amount of 2021 dividends per share payable to each class of stockholders for each case.