i need help with this problem. my amount for stockholders equity in incorrect and i do not know why.

Required information [The following information applies to the questions displayed below.) Raphael Corporation's common stock is currently selling on a stock exchange at $85 per share, and its current balance sheet shows the following stockholders' equity section $ 50,000 Preferred stock-5% cumulative, s__ 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 80,000 150,000 $ 280,000 4. If two years' preferred dividends are in arrears, what is the book value per share of common stock? Book Value Per Commo Book Value Per Common Share Choose Numerator: 1 Choose Denominator: Stockholders' equity applicable to common shares Number of common shares outstanding $ 235,000/ Book value per commor 4,000 = $