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Please check my answer. thanks (5-7) Raphael Corporation's common stock is currently selling on a stock exchange at $181 per share, and its current balance

Please check my answer. thanks (5-7)

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Raphael Corporation's common stock is currently selling on a stock exchange at $181 per share, and its current balance sheet shows the following stockholders' equity section: Preferred stoc cumulative, ar value, 1,000 shares authorized, issued, and outstanding 60,000 Common stock par value, 4,000 shares authorized, issued and outstanding 180,000 Retained earnings 360,000 600,000 Total stockholders' equity

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