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Required information [The following information applies to the questions dispiayed below] Raphael Corporation's balance sheet shows the following stockholders' equity section. Preferred stock- 5x cumblative,

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Required information [The following information applies to the questions dispiayed below] Raphael Corporation's balance sheet shows the following stockholders' equity section. Preferred stock- 5x cumblative, $ par value, 1,000 shares authorized, issued, and outstanding comino stock- $ par value, 4,600 shares authorized, issued, and outstanding Retained carnings Total stockholders' equity Required: 1. Determine the par values of the corporation's preferred stock and its common stock. Required information [The following information opplies to the questions displayed below]. Raphael Corporation's balance sheet shows the following stockholders' equity section. 2. If two years' preferred dividends are in arrears of the current date and the board of directors declares cosh dividends of 522,500 , compute the total amount paid to (a) preferred shoreholders and (b) common shareholders. [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, 1,800 shares authorized, issued, and outstanding comon stock-\$ par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders: equity Required: 1. Determine the par values of the corporation's preferred stock and its common stock. Required information [The following information applies to the questions displayed below] Raphael Corporation's balance sheet shows the following stockholders' equity section. 2. If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $11.50C compute the total amount pald to (a) preferted shareholders and (b) common shareholders

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