Required information [The following information applies to the questions displayed below] Raphael Corporation's balance sheet shows the following stockhoiders' equity section. Preterred ntoek-51 cumalative, 5_ par value, 1,000 itharen authorized, issued, and outstanding Comeon stock-\$ par value, 4,000 tharen authorized, issued, and outstanding Total stookholders' equity $85,000180,000360,000$625,000 Required: 1. Determine the par values of the corporation's preferred stock and its common stock