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Required information [The following information applies to the questions displayed below.) Raphael Corporation's balance sheet shows the following stockholders' equity section. $ 55,000 Preferred stock-5% cumulative, $__par value, 1,000 shares authorized, issued, and outstanding Common stock-$_ par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders' equity 160,000 350,000 $ 565,000 2. If no 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 565,000 Book Value Per Common Share Choose Denominator: 1 Number of common shares outstanding 160,000 Book Value Per Common Share Book value per common share $ 3.53 = 3. If two years' preferred dividends are in arrears at the current date, what is the book value per share of common stock? Answer is not complete. Book Value Per Common Share -- - Choose Numerator: Choose Denominator: Book Value Per Common Share Book value per common share Stockholders' equity applicable to common shares 1 Number of common shares outstanding = 4. If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $17,900, what total amount will be paid to the preferred and to the common shareholders? Total amount paid to the preferred shareholders Total amount paid to the common shareholders