[The following information applies to the questions displayed below.] Raphael Corporations balance sheet shows the following stockholders equity section. Preferred stock5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 85,000 Common stock$___ par value, 4,000 shares authorized, issued, and outstanding 180,000 Retained earnings 340,000 Total stockholders' equity $ 605,000 3. If two years preferred dividends are in arrears at the current date, what is the book value per share of common stock