Can I someone help me with question "a" and "b" please

In Draco Corporation's first year of business, the following transactions affected its equity accounts. Issued 4,000 shares of $2 par value common stock for $18. It authorized 20,000 shares. Issued 1,000 shares of 12%, $10 par value preferred stock for $23. It authorized 3,000 shares. Reacquired 200 shares of common stock for $30 each. Retained earnings is impacted by reported net income of $50,000 and cash dividends of $15,000. Required a.) Prepare journal entries to record the above transactions b.) Prepare the stockholders' equity section of Draco's balance sheet as of December 31