Regan, Inc., declared a cash dividend of $40,000 in 20B when the following shares were outstanding:
No dividends were declared or paid during the prior year. Compute the amount of cash that would be paid to each shareholder group under each of the following separate cases:

Question

Regan, Inc., declared a cash dividend of $40,000 in 20B when the following shares were outstanding:
  No dividends were declared or paid during the prior year. Compute the amount of cash that would be paid to each shareholder group under each of the following separate cases:

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The Answer of Regan, Inc., declared a cash dividend of $40,000 in 20B when the following shares were outstanding:
  No dividends were declared or paid during the prior year. Compute the amount of cash that would be paid to each shareholder group under each of the following separate cases: