please someone answer quickly

You have just been hired as an accountant by Tekke Technologies Inc (TTI). TTI is a Cambridge-based manufacturer of small household appliances that reports under ASPE. The company is privately held by three investors, each of whom has been actively involved in the business. You will be reporting to Mehmet Deniz, the company's controller. The fiscal year has just ended, and Mehmet has asked you to provide a report on the following issues: TIl offers a three-vear limited warrantv on anoliances sold. TII's warrantv claims historv is as follows: A new manufacturing process was implemented at the beginning of 2023, which is expected to significantly decrease the number of warranty issues in the future. Your analysis of the TTI's ledger shows that all the warranty claims were expensed as incurred in 2023. There is no warranty accrual. The new process equipment was financed by a promissory note T II signed with the equipment vendor on October 2,2022 . The note is repayable in two instalments of $800,000 on each of September 30, 2024 and September 30,2025 . It carries a 1% interest rate, with interest payable each year on September 30 . The price of the equipment was a little more than T Tl expected to pay, but the deal came with a very attractive financing offer. The best rate TII was able to negotiate for bank financing was 4.8%, and that required personal guarantees from the owners. Your analysis of TTI's ledger shows that the note payable was recorded at a value of $1,600,000, and interest of $16,000 was expensed and paid as of September 30, 2023. When T1 was originally incorporated, 22,000 shares were issued in exchange for the owners' combined contributions of $280,000. No changes to the share structure have taken place since then. However, during the year, one of the owners, Han Ma, announced that he had to withdraw from active participation in the business because of serious health problems. Han owns 20% of TTI. The remaining owners agreed that TII would buy back and cancel Han's common shares at a value of $400,000 and issue in exchange 4004% cumulative no-par value redeemable preferred shares. [Note: the dividend rate of 4% is considered fair given the subordinated nature of the redeemable preferred shares compared to bank debt.] The preferred shares are redeemable in 2026 at their issue price of $1,000 each. Up to 10,000 preference shares were authorized in TII's incorporation documents, but none have been issued previously. The share transaction for Han took place on September 30,2023 , and no entry has yet been made in the ledger. Share transactions 7. The journal entry(ies) made to record the September 30, 2023 share transaction. 8. The financial statement captions and related amounts that will appear for the common and preferred shares on TII's September 30, 2023 balance sheet. 9. A draft note(s) to cover the disclosure requirements for the common and preferred shares. Ensure your note(s) includes all disclosure elements required under ASPE