This window shows your responses and what was marked correct and incorrect from your Required information Problem 11-5A 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. $ 65,000 Preferred stock-58 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 120,000 400,000 $ 585,000 Problem 11-5A Part 1 1. What are the par values of the corporation's preferred stock and its common stock? Corporation's preferred stock Corporation's common stock Par Value $ 12 $ 30