Required information Problem 13-5A Computing book values and dividend allocations LO C2, A4 [The following information applies to the questions displayed below.) Raphael Corporation's balance sheet shows the following stockholders' equity section $ 85,000 Preferred stock-58 cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common stock-$ par value, 4,000 shares authorised, issued) and outstanding Retained earnings Total stockholders' equity 180,000 380,000 $ 645,000 Problem 13-5A Part 1 ancos 1. What are the par values of the corporation's preferred stock and its common stock? Par Value Corporation's preferred stock Corporations common stock Problem 13-5A Part 2 2. If no dividends are in arrears at the current date, what is the book value per share of common stock? Choose Numerator Book Value Per Common Share Choose Denominator Hook Value Comman har Book value per common share onces 1