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work Required Required information Problem 13-5A Computing book values and dividend allocations LO C2, A4 [The following information applies to the questions displayed below]

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work Required Required information Problem 13-5A Computing book values and dividend allocations LO C2, A4 [The following information applies to the questions displayed below] Raphael Corporation's balance sheet shows the following stockholders' equity section. Preferred stock-5% cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common stock-$ and outstanding Retained earnings par value, 4,000 shares authorized, issued, Total stockholders' equity $ 95,000 200,000 330,000 $625,000 Problem 13-5A Part 4 4. If two years preferred dividends are in arrears at the current date and the board of directors what total amount will be paid to the preferred and to the common shareholders? h O 9 < Prev 11 of 12 Next > P

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