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! Required information [ The following information applies to the questions displayed below. ] Raphael Corporation's balance sheet shows the following stockholders' equity section. Preferred

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Required information
[The following information applies to the questions displayed below.]
Raphael Corporation's balance sheet shows the following stockholders' equity section.
Preferred stock -5% cumulative, ! par value, 1,000 shares authorized, issued, and outstanding
Common stock- $ q, par value, 4,000 shares authorized, issued, and outstanding Retained earnings
Total stockholders' equity
\table[[$75,000
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