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Problem $13-5$A $($Algo$)$ Computing par values and dividend allocations LO C$2$

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Raphael Corporation's balance sheet shows the following stockholders' equity section.

Problem $13-5$A $($Algo$)$ Part $2$

If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $$24,800,$

compute the total amount paid to $($a$)$ preferred shareholders and $($b$)$ common shareholders.

a$.$ Total amount paid to the preferred shareholders

b$.$ Total amount paid to the common shareholders