Could you please answer and please put how you get the answer (details the answer) specially (C) .. thanks

Problem 20. On January 1, 20xx, Dkembe Corporation was authorized to issue 100,000 shares of common stock, par value S5 per share, and 20,000 shares of S percent preferred stock, par value $40 per share. Prepare journal entries to record the following 20xx transactions a. b. c. Issued 60,000 shares of common stock at $12 per share. Issued 12,000 shares of preferred stock at $56 per share. Declared a cash dividend sufficient to meet the current-dividend preference on preferred stock and pay common stockholders S1 per share. Paid the cash dividends d