Required information (The following information applies to the questions displayed below.) Raphael Corporation's balance sheet shows the following stockholders' equity section Preferred stock-58 cumulative, $_par value, 1,000 shares authorized, issued, and outstanding Common stock par value, 4,000 sharen authorized, issued, and outstanding Retained earnings Total stockholders' equity $ 75,000 200,000 370,000 $ 645,000 2. If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $22,000, 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