Raphael Corporation's balance sheet shows the following stockholders' equity section $ 95,000 Preferred stock cumulative, 5 par value, 1,800 shares authorized, issued, and outstanding Common stock- par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders equity 140,000 300,000 $ 535,000 4. If two years preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $29.800 what total amount will be paid to the preferred and to the common shareholders? Total amount paid to the preferred shareholders Total amount paid to the common shareholders