Required information [The following information applies to the questions displayed below.] Raphael Corporation's balance sheet shows the following stockholders' equity section. Preferred stock-51 cumulative, \$_par value, 1,000 shares authorized, issued, and outstanding Common atock-5 Retained earnings Total stockholders' equity 2. If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $23,800, compute the total amount paid to (a) preferred shareholders and (b) common shareholders