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Raphael Corporation's common stock is currently selling on a stock exchange at $158 per share, and its current balance sheet shows the following stockholders' equity

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Raphael Corporation's common stock is currently selling on a stock exchange at $158 per share, and its current balance sheet shows the following stockholders' equity section: Preferred stock-5% cumulative, $_ par value, 1,000 shares authorized, issued, and outstanding $100,000 Common stock-$ par value, 4,000 shares authorized, issued, and outstanding 80,000 Retained earnings 330,000 Total stockholders' equity $510,000 5.1 If two years' preferred dividends are in arrears and the board of directors declares cash dividends of $26,000, 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 5.2 What is the amount of dividends per share for the common stock? (Round your answer to two decimal places.) Dividend per share

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