Please solve the question below as soon as possible.

Monty Corporation 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. Feb. 1 Issued 20,000 shares for cash at $58 per share. July 1 Issued 14,000 shares for cash at $62 per share. Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous part.)