Raphael Corporations balance sheet shows the following stockholders equity section. Preferred stock5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 85,000 Common stock$___ par value, 4,000 shares authorized, issued, and outstanding 180,000 Retained earnings 340,000 Total stockholders' equity $ 605,000 4. If two years preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $22,300, what total amount will be paid to the preferred and to the common shareholders