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41 Required information (The following information applies to the questions displayed below.) 3 01:32:34 Raphael Corporation's common stock is currently selling on a stock exchange

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41 Required information (The following information applies to the questions displayed below.) 3 01:32:34 Raphael Corporation's common stock is currently selling on a stock exchange at $175 per share, and its current balance sheet shows the following stockholders' equity section: $ 95,000 Preferred stock-5% cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common stock $ par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders' equity 0.000 2. What are the par values of the corporation's preferred stock and its common stock? Par Value Corporation's preferred stock Corporation's common stock

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