Required informetion The following information applies to the questions displayed below) Raphael Corporation's common stock is currently selling on a stock exchange at $185 per share, and its current balance sheet shows the following stockholders' equity section: Preferred rock-5% cumulative, $par value, 1,000 shares authorized, issued, and outstanding cosmon stock-$__ par value, 1,000 shares authorized. issued, and outstanding Retained earnings 75, 000 140,000 380,000 595,000 Total stockholders' equity 2. What are the par values of the corporation's preferred stock and its common stock? Corporation's preferred stock Corporation's common stock 37 38 of 40Next>