Problem 13-5A (Algo) Computing par values and dividend allocations LO C2 [The following information applies to the questions displayed below.] Raphael Corporation's balance sheet shows the following stockholders' equity section. Problem 13-5A (Algo) Part 2 2. If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $24,950, compute the total amount paid to (a) preferred shareholders and (b) common shareholders