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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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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, Retained earnings par value, 4,000 shares authorized, issued, and outstanding Total stockholders' equity
\table[[$90,000
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