I need the answer complete and in computer, no handwritten please. Transit Inc. is authorized to issue both preferred an

[answerhappygod]

I need the answer complete and in computer, no handwritten
please.
Transit Inc. is authorized to issue both preferred and common
stock. The par value of the preferred is $50. During the first year
of operations, the company had the following events and
transactions pertaining to its preferred stock. March. 1 Issued
25,000 shares for cash at $54 per share. July 1 Issued 13,500
shares for cash at $58 per share.
Instructions
(a) Journalize the transactions.
(b) Post to the stockholders’ equity accounts.
(c) Indicate the financial statement presentation of the related
accounts.