Help. I dont know what I am doing wrong here.

Raphael Corporation's balance sheet shows the following stockholders' equity section. $ 80,000 Preferred stock-5% cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common stock-$__par value, 4,000 shares authorized, and outstanding Retained earnings Total stockholders' equity 180,000 310,00 $570,000 If two years' preferred dividends are in arrears at the current date, what is the book value per share of common stock? Answer is complete but not entirely correct. Choose Numerator: Stockholders' equity applicable to common shares 490,000 Book Value Per Common Share Choose Denominator: Number of common shares outstanding 4,000 Book Value Per Common Share Book value per common share 122.50