Raphael Corporation's balance sheet shows the following stockholders' equity section. Preferred stock-5% cumulative, $...

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Accounting

Raphael Corporation's balance sheet shows the following stockholders' equity section.
Preferred stock-5% 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
\table[[$50,000
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