Stuck, please help asap.

Problem 10-6A (Algo) Record equity transactions and prepare the stockholders' equity section (LO10-2, 103,104,105,107) [The following information applies to the questions displayed below.] Tennis Apparel has two classes of stock authorized: 4%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024 , its first year of operations: January 2 Issue 120,000 shares of cominon stock for $50 per share. February 14 issue 40,000 shares of preferred stock for $13 per share. May 8 Purchase 12,000 shares of its own common stock for $40 per share. May 31 Resell 6,000 shares of treasury stock for $45 per share. December 1 Declare a cash dividend on its common stock of $9.25 per share and a $16,000 (4\% of par value) cash dividend on its preferred stock payable to all stockholders of record on Decenber 15 . The dividend is payable on Deceaber 30 . (Hint: Dividends are not paid on treasury stock.) December 30 Pay the cash dividends declared on Deceaber 1. Journal entry worksheet 7 Record the issuance of 120,000 shares of common stock for $50 per share. Note: Enter debits before credits. Journal entry worksheet 7 Record the issuance of 40,000 shares of preferred stock for $13 per share. Note: Enter debits before credits. Journal entry worksheet