Chicago Company reported the following information at the end of the current year:

Common stock ( $10 par value; 43,000 shares outstanding)	$	430,000
Preferred stock, 10% ( $10 par value; 8,800 shares outstanding)		88,000
Retained earnings		285,000

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 $35,000.

Case B: The preferred stock is cumulative; the total amount of all dividends is $26,400.

Case C: The preferred stock is cumulative; the total amount of all dividends is $90,800 .

Require 2. Assume Chicago Company issued a 30 percent common stock dividend on the outstanding shares when the market value per share was $24. Fill in the table below to show how this stock dividend would compare to Case C. (Leave no cells blank - be certain to enter "0" wherever required.)

AMOUNT OF DOLLAR INCREASE (DECREASE)
Item	Cash DividendCase C		Stock Dividend
Assets
Liabilities
Stockholders equity