! 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, $_ par value, 1,000 shares authorized, issued, and outstanding Common stock-$__ par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders' equity $ 65,000 180,000 350,000 $ 595,000 2. If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $22,650, compute the total amount paid to (a) preferred shareholders and (b) common shareholders. Total amount paid to the preferred shareholders Total amount paid to the common shareholders